Bond MetLife Global Capital I 0.45% ( US59217HCV78 ) in USD
| Issuer | MetLife Global Capital I |
| Market price | 100 % ⇌ |
| Country | United States
|
| ISIN code |
US59217HCV78 ( in USD )
|
| Interest rate | 0.45% per year ( payment 2 times a year) |
| Maturity | 01/09/2023 - Bond has expired |
|
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|
| Minimal amount | 150 000 USD |
| Total amount | 350 000 000 USD |
| Cusip | 59217HCV7 |
| Standard & Poor's ( S&P ) rating | N/A |
| Moody's rating | Aa3 ( High grade - Investment-grade ) |
| 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. This US-issued obligation, identified by ISIN US59217HCV78 and CUSIP 59217HCV7, was issued by MetLife Global Funding I, a dedicated funding vehicle for the globally recognized insurance and financial services provider MetLife, and, having reached its maturity date on September 1, 2023, has since been fully redeemed, featuring a 0.45% interest rate, an initial total issuance size of $350,000,000 USD, a minimum purchase size of $150,000, and a twice-yearly payment frequency, all while maintaining a market price of 100% and holding a strong Aa3 credit rating from Moody's. |
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