Royal London Mutual  4.875% 07 Oct 2049

Business Description

Founded in 1861, Royal London is the UK’s largest mutual life & insurance company. Royal London provides life insurance, funeral planning and pension products. The company also operates an asset management business (RLAM) with north of £130bn of assets under management.

As a mutual, Royal London is privately owned by its customers. Profits are either retained within the company or rebated to customers in the form of dividend distributions or reduced premiums.

Bond Information

Coupon

4.875%

Maturity Date

07 Oct 2049

Next Interest Payment

07 Oct 2020

Interest Period

6 months

ISIN

XS2061962465

Asset Security

Unsecured

Amount

£600,000,000

Ratings

S&P:  BBB+, Moody's:  Baa1

Call Schedule

07 Apr 2039 at 100

Status

Payments on time

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

Company Information

Company Legal Name

RL FINANCE NO 4 plc

Industry

Banks & Financials

Country of Origin

UK

Year of Incorporation

1861

Ownership Status

Private

Key Financials

Revenues

11,607

Growth %

38.1%

EDITDA

1,681

Margin %

14.5%

Cash balance

3,067

Source: Public Company information

Reports & Information

Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.

Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.

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