Pacific Life Global Funding II, founded in 2003 and headquartered in Newport Beach, California, serves as a key financing entity within the Pacific Life Insurance Company group. The company primarily focuses on issuing debt securities to provide liquidity for its parent company's insurance obligations and other financial needs.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Pacific Life Global Funding II has actively issued bonds to support its insurance portfolio, with significant bond offerings including a $750 million issuance in 2021 aimed at refinancing existing debt. The company's bond issuances are noted for their competitive yields, often aligning favorably with industry standards, and they frequently incorporate features such as fixed and floating interest rates. Recent news highlights a successful $500 million green bond offering in 2022, emphasizing the issuer's commitment to sustainable finance while continuing to attract a diverse investor base.