Thursday, December 17, 2009
TIAA issues $2 billion in notes to bolster capital
The Teachers Insurance and Annuity Association of America has issued $2 billion in 30-year notes to reinforce its capital position, the association said Wednesday... The surplus notes will pay an annual interest rate of 6.85 percent and mature in December 2039, TIAA said in a statement. They are subordinate to policyholder obligations...
AP: TIAA issues $2 billion in notes to bolster capital
AP: TIAA issues $2 billion in notes to bolster capital
Permalink posted by markw @ 4:52 AM 
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