First American Financial Corporation 2.4% 15-AUG-2031First American Financial Corporation 2.4% 15-AUG-2031First American Financial Corporation 2.4% 15-AUG-2031

First American Financial Corporation 2.4% 15-AUG-2031

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FAF5230321 analysis



Key facts


Issue date
Aug 3, 2021
Maturity date
Aug 15, 2031
Outstanding amount
‪650.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
2.40% (Fixed)
Yield to maturity
6.15%
First American Financial Corp. engages in the provision of title insurance and settlement services to the real estate and mortgage industries. It also provides other financial services and risk solutions. It operates through the following segments: Title Insurance and Services, Specialty Insurance, and Corporate. The Title Insurance and Services segment offers title insurance, escrow, closing services and similar or related financial services domestically and internationally in connection with residential and commercial real estate transactions. The Specialty Insurance segment issues property and casualty insurance policies and sells home warranty products. The Corporate segment includes the investment and management of the company's venture investment portfolio. The company was founded in 1889 and is headquartered in Santa Ana, CA.
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