Metropolitan Life Global Funding I, established in 2002 and headquartered in New York City, serves as a vital funding arm for Metropolitan Life Insurance Company. This entity is primarily focused on raising capital to support the life insurance and financial products provided by its parent company. The organization engages in the issuance of medium-term notes and other structured products to enhance liquidity and meet regulatory requirements.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Metropolitan Life Global Funding I began its bond issuance activities in 2002, with notable transactions including a $750 million issuance in 2020 that attracted significant investor interest due to its competitive yields. As of late 2023, current yields on its bonds are competitive within the insurance industry, reflecting strong market demand. The company prominently features callable bonds in its offerings, providing flexibility to investors. Recent market updates highlight their strategic issuance plans aimed at optimizing capital structure amidst rising interest rates.