Tongyang Life Insurance Co., established in 1963 and headquartered in Seoul, South Korea, focuses on providing comprehensive life insurance and financial services to its customers. The company offers a range of products, including life insurance, health insurance, retirement solutions, and investment-linked products designed to cater to diverse financial needs.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| TYANLI 5.25% Perpetual USDTongyang Life Insurance Co | South Korea | Perpetual | 5.250 | 9.84 |
| TYANLI 6.25% 2035-05-07 USDTongyang Life Insurance Co | South Korea | 2035-05-07 | 6.250 | 5.67 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Tongyang Life began issuing bonds in the early 2000s, with significant issuances aimed at capitalizing on growth opportunities and enhancing liquidity. In 2019, the company issued a notable series of corporate bonds totaling $500 million to refinance existing debt and support its expansion endeavors. Currently, Tongyang's bond yields are competitive, aligning closely with industry standards, while certain issues feature callable options, providing flexibility to management. Recent market analyses highlight Tongyang's strong credit ratings, bolstering investor confidence amid fluctuating economic conditions.