Information for Debt Investors.

Key information about the Group for debt investors including a summary of our public credit ratings and documentation for outstanding bond issues.

Debt Investor Relations

If you require any further information, please contact the Group Treasury team:

Frank Turley, Group Treasurer
frank.turley@group.landg.com
T: +44 (0) 20 3124 2060

Gorana Renovica, Treasury Manager
Gorana.renovica@group.landg.com
T: +44 (0) 20 3124 2992

Debt issuance programmes

We have a £4 billion Medium Term Note programme and a $2 billion Euro Commercial Paper programme.

Medium Term Note Information Memorandum (updated May 2016) (PDF, 858 KB)

European Commercial Paper Information Memorandum (updated September 2015) (PDF, 256 KB)

Debt Investor Presentation

L&G Reg S Bond Roadshow March 2017 (PDF 2.53MB)

Legal & General FY2016 Debt Investor Update (PDF 2.28MB)

Debt Redemption Profile

(GBP million - y axis)

Chart showing debt redemption profile

The graph depicts the redemption profile of Legal & General’s outstanding debt and capital instruments greater than £100m with the maturity date shown as the earliest of first call date and maturity.

Outstanding Bond Issues

ISSUE DATE ISSUER RATING (MOODY’S / S&P) AMOUNT (million) COUPON (%) FIRST           CALL DATE MATURITY DATE ISIN Download
Apr 07 Legal & General Group plc Baa2 / BBB+ 600 GBP 6.385 May 20171 Perpetual XS0296889073 Download PDF (512.5 KB)

Mar 04

Legal & General Group plc

Baa1 / BBB+ 400 GBP 5.875 April 2019 Perpetual XS0189013823 Download PDF (36.3 KB) Download PDF (412.7 KB)
Jul 09 Legal & General Group plc Baa1 / BBB+ 300 GBP 10.0 July 2021 July 2041 XS0441379095 Download PDF (81.1 KB) Download PDF (423.6 KB)
Oct 15 Legal & General Group plc Baa1 / BBB+ 600 GBP 5.375 October 2025 October 2045 XS1310962839 Download PDF (951 KB)
Mar 17 Legal & General Group plc Baa1 / BBB+ 850 USD 5.25 March 2027 March 2047 XS1580239207 Download PDF (96 KB)
Download PDF (97 KB)
Download PDF (854 KB)
Nov 00 Legal & General Finance plc A3 / A 350 GBP 5.875 - December 2031 XS0121464779 Download PDF (5.5 KB)
Apr 02 Legal & General Finance plc A3 / A 200 GBP 5.875 - April 2033 XS0145680426 Download PDF (271.4 KB)
Jun 14 Legal & General Group plc Baa1 / BBB+ 600 GBP 5.5 June 2044 June 2064 XS1079028566 Download PDF (892.5 KB) Download PDF (437.9 KB)

1. On 15 March 2017, Legal & General Plc announced the intention to redeem all of the outstanding Capital Securities on 2 May 2017.


Credit Ratings

Entity   AM Best Fitch Moody's S&P
Legal & General Group Plc Outlook Stable Stable Negative Stable
  LT Issuer Credit a A+ A3 A
  ST Issuer Credit       A-1
  Senior Unsecured Debt     A3  
  Subordinated Debt   BBB+ Baa1  
  Junior Subordinated Debt     Baa1  
  Preferred Stock     Baa2  
Legal & General Assurance Society Ltd Outlook Stable Stable Negative Stable
  LT Issuer Credit Rating aa-   Aa3 AA-
  Financial Strength A+ AA- Aa3 AA-
Legal & General Finance plc Outlook   Stable Negative  
  Issuer Rating     A3  
  LT Issuer Credit Rating     A3  
  Senior Unsecured Debt   A A3  
  Short Term     P-2  
Legal & General Insurance Ltd Outlook     Negative  
  LT Issuer Credit     A2  
  Financial Strength     A2  
Banner Life Insurance Co Inc Outlook Stable Stable Negative Stable
  LT Issuer Credit aa- AA-   AA-
  Financial Strength A+     AA-
William Penn Outlook Stable Stable Negative Stable
  LT Issuer Credit aa- AA-   AA-
  Financial Strength A+     AA-
Legal & General Reinsurance Bermuda Ltd Outlook   Stable Negative Stable
  LT Issuer Credit   A+   A+
  Financial Strength   A+   A+