Howden UK Refinance PLC / Howden US Refinance LLC 8.125% 2032 bond (US44287DAA19)
As of 2026-10-27 · rebuilt daily
https://bondscovery.com/bond/US44287DAA19
Howden UK Refinance PLC / Howden US Refinance LLC's 8.125% USD bond maturing 2032-02-15 (US44287DAA19) yields 10.55% to worst as of 2026-10-27. That is 570 bp over the US Treasury curve at the same maturity and 269 bp above the fitted United Kingdom High Yield (BB–D) Corporate Bond (USD) curve.
Against its curves
Each curve's fitted yield at this bond's maturity (at its call date, where it is priced to call), and the bond's spread to it.
| Curve | Curve yield | Spread |
|---|---|---|
| US Treasury Yields | 4.85% | +570 bp |
| United Kingdom High Yield (BB–D) Corporate Bond Yields (USD) | 7.86% | +269 bp |
| US High Yield (BB–D) Insurance Corporate Bond Yields (USD) | 6.60% | +395 bp |
| US High Yield (BB–D) Corporate Bond Yields (USD) | 6.86% | +369 bp |
The bond
| ISIN | US44287DAA19 |
|---|---|
| Issuer | Howden UK Refinance PLC / Howden US Refinance LLC |
| Issuer type | Corporate |
| Country | United Kingdom |
| Sector | Insurance |
| Currency | USD |
| Coupon | 8.125% |
| Coupon frequency | Semiannual |
| Maturity | 2032-02-15 |
| Rating band | BB+–D (High Yield) |
| Yield to worst | 10.55% |