Protective Life Corp., founded in 1907 and headquartered in Birmingham, Alabama, is a leading provider of life insurance and financial services focused on enhancing the financial security of its customers. The company offers a range of products, including life insurance, annuities, and investment products tailored to meet the diverse needs of individuals and families.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PL 3.40% 2030-01-15 USDProtective Life Corp. | United States | 2030-01-15 | 3.400 | 4.24 |
| PL 3.40% 2030-01-15 USDProtective Life Corp. | United States | 2030-01-15 | 3.400 | 4.24 |
| PL 4.30% 2028-09-30 USDProtective Life Corp. | United States | 2028-09-30 | 4.300 | 4.14 |
| PL 4.30% 2028-09-30 USDProtective Life Corp. | United States | 2028-09-30 | 4.300 | 4.16 |
| PL 5.35% 2052-08-10 USDProtective Life Corp. | United States | 2052-08-10 | 5.350 | 5.46 |
| PL 5.35% 2052-08-10 USDProtective Life Corp. | United States | 2052-08-10 | 5.350 | 5.46 |
| PL 8.45% 2039-10-15 USDProtective Life Corp. | United States | 2039-10-15 | 8.450 | 5.68 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Protective Life began issuing bonds in the late 1990s, establishing a solid foundation for funding its growth and expanding its product offerings. Notably, in 2018, the company issued $500 million in senior notes to refinance existing debt, reflecting its commitment to maintaining a healthy balance sheet. As of 2023, Protective Life's bond yields are competitive within the industry, with certain offerings featuring call options that provide flexibility to investors. Recent market conditions and strong credit ratings further enhance the attractiveness of Protective Life's bond portfolio, making it a noteworthy consideration for retail investors looking for reliable income opportunities.