Principal Financial Group Inc, founded in 1879 and headquartered in Des Moines, Iowa, is a leading global financial services company dedicated to providing retirement, asset management, and insurance solutions. The company focuses on empowering customers to manage their financial futures through a wide array of products and services, including retirement plans, investment products, and insurance offerings tailored to individual and institutional needs.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PFG 2.13% 2030-06-15 USDPrincipal Financial Group Inc | United States | 2030-06-15 | 2.125 | 4.24 |
| PFG 3.10% 2026-11-15 USDPrincipal Financial Group Inc | United States | 2026-11-15 | 3.100 | 4.16 |
| PFG 3.40% 2025-05-15 USDPrincipal Financial Group Inc | United States | 2025-05-15 | 3.400 | 0.00 |
| PFG 3.70% 2029-05-15 USDPrincipal Financial Group Inc | United States | 2029-05-15 | 3.700 | 4.07 |
| PFG 4.11% 2028-02-15 USDPrincipal Financial Group Inc | United States | 2028-02-15 | 4.110 | 4.10 |
| PFG 4.30% 2046-11-15 USDPrincipal Financial Group Inc | United States | 2046-11-15 | 4.300 | 5.57 |
| PFG 4.35% 2043-05-15 USDPrincipal Financial Group Inc | United States | 2043-05-15 | 4.350 | 5.51 |
| PFG 4.63% 2042-09-15 USDPrincipal Financial Group Inc | United States | 2042-09-15 | 4.625 | 5.30 |
| PFG 5.38% 2033-03-15 USDPrincipal Financial Group Inc | United States | 2033-03-15 | 5.375 | 4.65 |
| PFG 5.50% 2053-03-15 USDPrincipal Financial Group Inc | United States | 2053-03-15 | 5.500 | 5.73 |
| PFG 6.05% 2036-10-15 USDPrincipal Financial Group Inc | United States | 2036-10-15 | 6.050 | 4.94 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Principal Financial Group is an active issuer in the bond market, first entering this space in the early 1990s to support its expansion and insurance operations. Notably, the firm issued $600 million in 10-year senior notes in 2021, with a yield of 1.75%, which was well received amid low-interest-rate conditions, reflecting the company's strong credit quality. As of October 2023, its current bond yields are competitive within the financial services sector, bolstered by consistent financial performance and prudent risk management strategies.