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 Presentations

Non-Deal Related Presentation for the BNPP Asia Financial Institutions Issuer and Investor Forum 21-23 September 2016 (PDF, 3MB)

1H2016 Non-deal Related Debt Investor Update (September 2016) (PDF, 2.23 MB)

Debt Redemption Profile

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 6.385 May 2017 Perpetual XS0296889073 Download PDF (512.5 KB)

Mar 04

Legal & General Group plc

Baa1 / BBB+ 400 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 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 5.385 October 2025 October 2045 XS1310962839 Download PDF (951 KB)
Nov 00 Legal & General Finance plc A3 / A 350 5.875 - December 2031 XS0121464779 Download PDF (5.5 KB)
Apr 02 Legal & General Finance plc A3 / A 200 5.875 - April 2033 XS0145680426 Download PDF (271.4 KB)
Jun 14 Legal & General Group plc Baa1 / BBB+ 600 5.5 June 2044 June 2064 XS1079028566 Download PDF (892.5 KB) Download PDF (437.9 KB)

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+