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| Issue Type | XXXX |
|---|---|
| Country | United States |
| Industry | XXXX |
| Region | XXXX |
| Maturity Date | 2027-01-16 |
| Par Value | 1000 |
| Callable | XXXX |
| Next Call Date | XXXX |
| Call Type | XXXX |
| Call Price (%) | XXXX |
| Series | XXXX |
| Class | XXXX |
| Maturity Structure | XXXX |
| Amount Outstanding (mil) | 500.00 |
| Coupon | 5 |
|---|---|
| Coupon Type | XXXX |
| Coupon Frequency | XXXX |
| First Coupon Date | XXXX |
| Last Coupon Date | XXXX |
| Sinking Fund | XXXX |
|---|---|
| Security | XXXX |
| Subordination | XXXX |
| Debt Type | XXXX |
| Issue Date | XXXX |
|---|---|
| Dated Date | XXXX |
| Issue Size (mil) | 500 |
| Min. Piece | XXXX |
| Min. Increment | XXXX |
This Principal Life Global Funding II corporate bond has a 5.00% fixed rate coupon paid on a semi-annual basis. It was issued on January 16, 2024 with an issue size of 500.00 million USD and matures on January 16, 2027 with a last coupon date of July 16, 2026. |
Principal Life Global Funding II, established in 2001 and headquartered in Des Moines, Iowa, serves as a vital funding conduit for its parent company, Principal Financial Group. The company's primary purpose is to issue securities, primarily in the form of medium-term notes, to leverage investment returns and support the broader financial services offered by its parent organization.