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Published on 11/20/2012 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Principal Financial calls all $400 million 7.875% notes due 2014

By Marisa Wong

Madison, Wis., Nov. 20 - Principal Financial Group, Inc. gave notice that it will redeem its $400 million of outstanding 7.875% senior notes due May 15, 2014 in full on Dec. 20.

The redemption price was not disclosed in the notice.

Principal Financial is a retirement savings, investment and insurance products company based in Des Moines.


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