Reliance Standard Life Global Funding II, founded in 2009, is located in Wilmington, Delaware, and serves as a funding conduit for Reliance Standard Life Insurance Company, which is part of the Tokio Marine Group. The company's primary purpose is to facilitate the issuance of debt instruments to support the long-term insurance liabilities of its parent company.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inaugural bond issuance in 2010, Reliance Standard Life Global Funding II has issued multiple series of senior notes aimed at institutional investors, with recent issuances featuring competitive yields compared to the insurance sector. Notable bond offerings include a $500 million issuance in 2021, which was well received in the market, reflecting strong demand for insurance-backed securities. The company's bonds typically carry attractive features such as call options and are backed by the strong credit profile of its parent company, enhancing investor confidence.