Legal & General Group $850 million 5.25% subordinated note issue

Overview:

• Legal & General Group has issued $850 million in subordinated notes.
• The 5.25% notes, due 2027, were issued on the LSE under its £4 billion Euro Note Programme.
• Barclays Bank, BNP Paribas, Citigroup Global Markets, HSBC, Merrill Lynch International and Morgan Stanley acted as joint lead managers.
• Legal & General is a UK insurance and financial services company.

Sam Duke - Editor