Protective Life Global Funding (PL) 2021-2

USD350.0002Apr-23-A1AA--FixedTsyT+50 aT+35 a330.50%-2100.00000
USD500.0005Apr-26-A1AA--FixedTsyT+87.5 aT+70 a681.62%-4100.00000
Tranche Comments
2 yr: Book size: 1000; First Pay: 2021-10-12; Registration: 144A/Reg S; Comments: US$350m 0.502% cpn 2-year(4/12/23) at 100.00, yld 0.502%. Spread: T+33bp; 5 yr: Book size: 1000; First Pay: 2021-10-15; Registration: 144A/Reg S; Comments: US$500m 1.618%cpn 5-year( 4/15/26) at 100.00, yld 1.618%. Spread: T+68bp;
Deal Comments
FA backed
Use of Proceeds
To purchase one or more Funding Agreements from Protective Life Insurance Co

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