Sagicor Financial Corporation Limited, founded in 1840 and headquartered in Barbados, is a leading financial services provider dedicated to delivering a range of insurance and investment solutions. The company offers a diverse portfolio, including life insurance, health insurance, annuities, and pension plans, primarily targeting markets in the Caribbean and the United States.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SFCCN 5.30% 2028-05-13 USDSagicor Financial Corporation Limited | Barbados | 2028-05-13 | 5.300 | 5.40 |
| SFCCN 5.30% 2028-05-13 USDSagicor Financial Corporation Limited | Barbados | 2028-05-13 | 5.300 | 5.34 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Sagicor has a robust history of bond issuances, having first entered the bond market in the early 2000s. In 2021, the company issued a notable USD 300 million bond to refinance existing debt and fund expansion, with yields competitive at around 5.5%, significantly attractive compared to industry averages. Noteworthy is the company’s reputation for maintaining strong credit ratings, ensuring investor confidence, while its callable bonds feature provides flexibility in capital management amid changing market conditions.