Ameriprise Financial, Inc. 4.5% 13-MAY-2032Ameriprise Financial, Inc. 4.5% 13-MAY-2032Ameriprise Financial, Inc. 4.5% 13-MAY-2032

Ameriprise Financial, Inc. 4.5% 13-MAY-2032

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Key terms


Outstanding amount
‪500.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
4.50% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
5.21%
Maturity date
May 13, 2032
Term to maturity
7 years

About Ameriprise Financial, Inc. 4.5% 13-MAY-2032


Sector
Finance
Industry
Investment Banks/Brokers
Issue date
May 13, 2022
FIGI
BBG017BQTK43
Ameriprise Financial, Inc. operates as a holding company. The firm provides financial planning, asset management and insurance services to individuals, businesses and institutions. It operates through the following business segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. The Advice & Wealth Management segment provides financial planning and advice, as well as full-service brokerage and banking services, primarily to retail clients through the company's financial advisors. The Asset Management segment provides investment advice and investment products to retail and institutional clients. It also provides products and services on a global scale through two complementary asset management businesses: Columbia Management and Threadneedle. The Columbia Management business primarily provides U.S. domestic products and services and Threadneedle primarily provides international investment products and services. Its international retail products are primarily provided through third-party financial institutions. The segments retail products include mutual funds and variable product funds underlying insurance and annuity separate accounts. The Retirement & Protection Solutions segment offers a variety of protection products to address the protection and risk management needs of the company's retail clients, including life, DI, and property-casualty insurance. The Corporate & Other segment consists of net investment income on corporate level assets, including excess capital held in the company's subsidiaries and other unallocated equity and other revenues from various investments as well as unallocated corporate expenses. The company was founded by John Tappan in 1894 and is headquartered in Minneapolis, MN.
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