secwatch.observer — SEC 8-K summary
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Issuer:     PRINCIPAL FINANCIAL GROUP INC (PFG)
CIK:        0001126328
Form:       8-K
Filed at:   2023-03-08T23:59:59+00:00
Accession:  0001104659-23-030148
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Principal Financial issues $700M senior notes, redeems $400M junior sub notes
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- Issued $400M of 5.375% Senior Notes due 2033 and $300M of 5.500% Senior Notes due 2053.
- Notice of redemption issued for all $400M of 4.700% Junior Subordinated Notes due 2055; redemption date April 7, 2023.
- New senior notes are fully guaranteed by Principal Financial Services, Inc.
- Underwriting agreement with Citigroup, BofA, HSBC, and J.P. Morgan as representatives.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1126328/000110465923030148/0001104659-23-030148-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1126328/000110465923030148/tm238259d6_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-030148

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