-
Corporate
- Customers
Key information about the Group for debt investors including a summary of our public credit ratings and documentation for outstanding bond issues.
If you require any further information, please contact the Group Treasury team:
Christopher Wright, Group Treasurer
christopher.wright@landg.com
Monika Remenyi, Head of Funding and DCM
monika.remenyi@group.landg.com
We have a £5 billion Medium Term Note programme and a $2 billion Euro Commercial Paper programme.
Medium Term Note Programme (Prospectus dated 11 April 2024)
Trust Deed (dated 13 April 2022)
European Commercial Paper Information Memorandum (updated September 2015)
Full Year 2021 Debt Investor slides
L&G Bond NetRoadshow June 2020
L&G Bond NetRoadshow April 2020
L&G Bond NetRoadshow November 2019
Legal and General H12019 Debt Investor Update
Legal & General FY2018 Debt Investor Update
(GBP million - y axis)
Select
The graph depicts the redemption profile of Legal & General’s outstanding debt and capital instruments which are greater than £100m. The maturity dates shown are the earliest of the first call date and maturity for each security. USD securities callable in 2027 and 2032 are shown in GBP equivalent at the time of issuance.
| Issue date | Issuer | Rating (Moody's / S&P) | Amount (million) | Coupon (%) | First call date | Maturity date | ISIN | |
|---|---|---|---|---|---|---|---|---|
| Oct 2015 | Legal & General Group plc | A3/ BBB+ | 600 GBP | 5.375 | Oct 2025 | Oct 2045 | XS1310962839 | |
| Mar 2017 | Legal & General Group plc | A3 / BBB+ | 850 USD | 5.25 | Mar 2027 | Mar 2047 | XS1580239207 | |
| Nov 2018 | Legal & General Group plc | A3 / BBB+ | 400 GBP | 5.125 | Nov 2028 | Nov 2048 | XS1907317660 | |
| Nov 2019 | Legal & General Group plc | A3 / BBB+ | 600 GBP | 3.75 | Nov 2029 | Nov 2049 | XS2083961370 | |
| Apr 2020 | Legal & General Group plc | A3 / BBB+ | 500 GBP | 4.50 | Nov 2030 | Nov 2050 | XS2166022934 | |
| Jun 2020 | Legal & General Group plc | Baa2 / BBB | 500 GBP | 5.625 | Mar 2031 | Perpetual | XS2190956941 | |
| Nov 2000 | Legal & General Finance plc | A2 / A | 350 GBP | 5.875 | - | Dec 2031 | XS0121464779 | |
| Apr 2017 | Legal & General Group plc | A3 | 500 USD | 5.55 | Apr 2032 | Apr 2052 | XS1600847666 | |
| Apr 2002 | Legal & General Finance plc | A2 / A | 200 GBP | 5.875 | - | Apr 2033 | XS0145680426 | |
| Jun 2014 | Legal & General Group plc | A3 / BBB+ | 600 GBP | 5.5 | Jun 2044 | Jun 2064 | XS1079028566 | |
| Entity | AM Best | Fitch | Moody's | S&P | |
|---|---|---|---|---|---|
| Legal & General Group Plc | Outlook | Stable | Stable | Stable | Stable |
| LT Issuer Credit Rating | a | A+ | A2 | A | |
| ST Issuer Credit | A-1 | ||||
| Senior Unsecured Debt | A2 | A | |||
| Subordinated Debt | A3 | ||||
| Junior Subordinated Debt | BBB+ | ||||
| Legal and General Assurance Society Limited | Outlook | Stable | Stable | Stable | Stable |
| LT Issuer Credit Rating | aa- | Aa3 | AA- | ||
| Financial Strength | A+ | AA- | Aa3 | AA- | |
| LT Issuer Credit Rating (Foreign Currency) | AA- | ||||
| Financial Strength (Foreign Currency) | AA- | ||||
| Legal & General Finance PLC | Outlook | Stable | |||
| LT Issuer Credit Rating | A2 | ||||
| Senior Unsecured Debt | A2 | A | |||
| Short Term | P-1 | A-1 | |||
| Banner Life Insurance Company | Outlook | Stable | Stable | Stable | |
| LT Issuer Credit | aa- | AA- | |||
| Financial Strength | A+ | AA- | AA- | ||
| William Penn Life Insurance Company of New York | Outlook | Stable | Stable | Stable | |
| LT Issuer Credit | aa- | AA- | |||
| Financial Strength | A+ | AA- | AA- | ||
| Legal & General Reinsurance Company Limited | Outlook | Stable | Stable | ||
| Financial Strength | AA- | AA- | |||
| Legal & General Reinsurance Company No.2 Limited | Outlook | Stable | |||
| LT Issuer Credit | a | ||||
| Financial Strength | A |