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.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Principal Life Global Funding II began its bond issuance in the early 2000s and has consistently provided competitive offerings in the fixed-income market. Noteworthy issuances include a series of green bonds aimed at financing environmentally sustainable projects, reflecting a growing trend in responsible investing. Currently, the yields on their bonds remain in line with or slightly below industry averages, and features such as callable options provide additional flexibility for investors, making them an attractive option amid fluctuating interest rates.