New York Life pitches extremely rare US insurance FRN

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Senior Debt

New York Life pitches extremely rare US insurance FRN

Atanas Dinov, 
Sarah Ainsworth
July 02, 2024 04:48 PM
A logo sign outside of a facility occupied by the New York Life Insurance Company in Austin, Texas on January 28, 2017.

◆ Tightly priced debut deal rides on dual demand for insurance senior and FRN paper ◆ Arb chasing ◆ Has the spread floor been reached for highly rated FRNs?

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Atanas Dinov
Bank Finance Editor
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Sarah Ainsworth
Deputy FIG editor
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