PENSION INSURANCE CORPORATION PLC
PUBLICATION OF PROSPECTUS
London, 1
October 2024 - Pension Insurance
Corporation plc ("PIC")
today announces that it has published a
base prospectus (the "Prospectus") relating to its
£3,000,000,000 Euro Medium Term Note
Programme.
The Prospectus has been approved by the
Financial Conduct Authority and is now available for viewing.
To view the full document, please paste the following URL into the
address bar of your browser:
https://www.pensioncorporation.com/investors/bondholder-information
The Prospectus has been submitted to the
National Storage Mechanism and will shortly be available for
inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
For further
information please contact:
Jeremy Apfel
Managing Director, Corporate
Affairs
+44 (0)20 7105 2140
apfel@pensioncorporation.com
About
PIC
The purpose of PIC is to pay the
pensions of its current and future policyholders. PIC provides
secure retirement incomes through comprehensive risk management and
excellence in asset and liability management, as well as
exceptional customer service. At 30 June 2024, PIC had insured
348,600 pension scheme members and had £47.7 billion in financial
investments, accumulated through the provision of tailored pension
insurance buyouts and buy-ins to the trustees and sponsors of UK
defined benefit pension schemes. At 30 June 2024, PIC had made
total pension payments of £14.9 billion to its policyholders and
had invested more than £13 billion in the UK economy, creating
social value. Clients include FTSE 100 companies, multinationals
and the public sector. PIC is authorised by the Prudential
Regulation Authority and regulated by the Financial Conduct
Authority and Prudential Regulation Authority (FRN 454345).
For further information please visit
www.pensioncorporation.com
No Offer or
Invitation and Selling Restrictions
This announcement does not constitute or form
part of, and should not be construed as, an offer or invitation to
sell any securities, or the solicitation of an offer to subscribe
for or purchase any securities, and nothing contained herein shall
form the basis of or be relied on in connection with any contract,
investment or commitment whatsoever.
Please note that the information contained in
the Prospectus may be addressed to and/or targeted at persons who
are residents of particular countries (specified in the Prospectus)
only and is not intended for use and should not be relied upon by
any person outside these countries and/or to whom the offer
contained in the Prospectus is not addressed. Prior to
relying on the information contained in the Prospectus you must
ascertain from the Prospectus whether or not you are part of the
intended addressees of the information contained
therein.
The Prospectus does not constitute an offer of
securities for sale in the United States. The securities described
herein (the "Notes") have
not been, and will not be, registered under the U.S. Securities Act
of 1933, as amended (the "Securities Act"), or with any
securities regulatory authority of any State or other jurisdiction
of the United States of America and are subject to U.S. tax law
requirements. Subject to certain exceptions, the Notes may not be
offered, sold or delivered in the United States (as defined in
Regulation S under the Securities Act) or to, or for the account of
or benefit of, U.S. persons (as defined in the U.S.
Internal Revenue Code of 1986, as amended, and regulations
thereunder).
Your right to access this service is
conditional upon complying with the above requirement.
END