PIC to raise debt capital to back booming bulk annuity business

James Phillips
clock • 2 min read

Pension Insurance Corporation (PIC) has announced plans to raise further debt capital in order to support business growth in a burgeoning bulk annuity market.

The specialist insurer has mandated JP Morgan Cazenove as sole structuring agent to the issue, and the transaction adviser will work alongside HSBC and NatWest Markets as joint lead managers to arr...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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