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ItalianoBond Northwestern Mutual Global Funding 5.07% ( US66815M2R70 ) in USD
| Issuer | Northwestern Mutual Global Funding | ||||||||||||||||||||
| Market price |  102.52 % ▲ |
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| Country |  United States
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| ISIN code |
 US66815M2R70 ( in USD )
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| Interest rate | 5.07% per year ( payment 2 times a year) | ||||||||||||||||||||
| Maturity | 25/03/2027 | ||||||||||||||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 2 000 USD | ||||||||||||||||||||
| Total amount | 650 000 000 USD | ||||||||||||||||||||
| Cusip | 66815M2R7 | ||||||||||||||||||||
| Standard & Poor's ( S&P ) rating | AA+ ( High grade - Investment-grade ) | ||||||||||||||||||||
| Moody's rating | Aa1 ( High grade - Investment-grade ) | ||||||||||||||||||||
| Next Coupon | 25/09/2026 ( In 30 days ) | ||||||||||||||||||||
| Detailed description |
Northwestern Mutual Global Funding is a financing solution offered by Northwestern Mutual, providing funding for large-scale projects and acquisitions through a range of debt and equity products tailored to the specific needs of institutional investors and corporations. This financial article provides an analytical overview of a significant fixed-income instrument, specifically a bond identified by its ISIN US66815M2R70 and CUSIP 66815M2R7. The bond is issued by Northwestern Mutual Global Funding, a dedicated financing entity for The Northwestern Mutual Life Insurance Company, a prominent U.S.-based mutual life insurance and financial services company with a long-standing history of financial strength and reliability, offering a comprehensive range of life insurance, annuity, and investment products. This particular U.S.-domiciled bond, denominated in USD, features an attractive coupon interest rate of 5.07%, with interest payments disbursed semi-annually to bondholders. The total issuance size for this offering is substantial, amounting to $650,000,000, with a minimum purchasable unit of $2,000, making it accessible to a range of institutional and individual investors. Currently, the bond trades on the market at 101.393% of its par value, reflecting its perceived value and demand. Its maturity date is set for March 25, 2027, providing a clear horizon for capital return. A testament to its robust credit profile, the bond commands impressive investment-grade ratings: AA+ from Standard & Poor's and Aa1 from Moody's, both indicating a very strong capacity to meet financial commitments and a minimal level of credit risk, positioning it as a highly secure asset within the global bond market. |
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