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Pension Insurance Corporation  (UK)

Pension Insurance Corporation plc

2006

Private

Status: Performing

All payments are on time


8.0%

Maturity Date

23 Nov 2026

Next Interest Payment

23 Nov 2019

Interest Period

12 months

Unsecured

Industry

Banks & Financials

£350,000,000

ISIN

XS1523966197

Fitch:  BBB+

* Current Yield and Yield to Maturity are an estimated return calculation and not guaranteed. All yields shown are gross of Taxation and our Service Fee.

Business Description

The 'Pension Insurance Corporation' is a UK based specialist insurance company, focused on securing the risks associated with defined benefit pension funds in the UK.

As of 2018, the company had £31.4bn of financial investments and insured 192,100 pension fund members across 180+ pension funds. The Abu Dhabi Investment Authority (“ADIA”), which manages as much as $875 billion, recently took a 21% stake in the company.

Capital at risk. No FSCS cover. See Risk Statement.

 

Please note as a WiseAlpha member you are not lending directly to the corporate borrower. Instead, you are investing in a Participation Note, or “Note” (fractions of corporate bonds). Each Note is backed by a specific bond.

WiseAlpha Technologies Limited (FRN: 751087) is authorised and regulated by the Financial Conduct Authority in the UK. It arranges and promotes the Notes issued by WiseAlpha Limited (BVI) and from time to time other WiseAlpha Product Issuers. Only WiseAlpha Technologies is regulated for the associated activities it conducts.
WiseAlpha Technologies Limited is a company registered in England, with its registered office at Level 39, One Canada Square, Canary Wharf, London E14 5AB (Company No. 08967521).
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