💰International Paper Transfers $1.3 Billion in Pension Liabilities via Group Annuity with Prudential .
Memphis, Tennessee-based International Paper Company has announced the transfer of approximately US$ 1.3 billion in U.S. pension plan liabilities through a group annuity contract with Prudential Insurance Company of America, Inc., effective October 3, 2017. SWFI – Sovereign Wealth Fund Institute
https://www.swfinstitute.org/swf-news/international-paper-transfers-1-3-billion-in-pension-liabilities-via-group-annuity-with-prudential/