Bond MetLife Global Capital I 2.65% ( US59217HBH93 ) in USD
| Issuer | MetLife Global Capital I |
| Market price | 100 % ⇌ |
| Country | United States
|
| ISIN code |
US59217HBH93 ( in USD )
|
| Interest rate | 2.65% per year ( payment 2 times a year) |
| Maturity | 08/04/2022 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 150 000 USD |
| Total amount | 500 000 000 USD |
| Cusip | 59217HBH9 |
| Detailed description |
MetLife Global Funding I is a captive insurance company wholly owned by MetLife, Inc., domiciled in Bermuda and primarily used for the internal reinsurance of certain life insurance risks within the MetLife group. An update on a specific fixed-income instrument reveals that the bond, identified by ISIN US59217HBH93 and CUSIP 59217HBH9, has fully matured and been repaid as of its April 8, 2022 maturity date. This bond was issued by MetLife Global Funding I, a dedicated funding vehicle for MetLife Inc., a leading global provider of insurance, annuities, and employee benefit programs. Originated in the United States, this particular issuance had a total size of $500,000,000, denominated in USD, and offered an annual interest rate of 2.65%, paid semi-annually. At the time of its final repayment, the bond was trading at its par value of 100%, with investors initially required a minimum purchase of $150,000 for this offering. |
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