View:
PRICING SUPPLEMENT
Filed pursuant to Rule 424(b)(2)
Registration Statement No. 333-112249 and 333-112249-01
Pricing Supplement No. 8 Dated January 18, 2005
(To Prospectus dated April 27, 2004, and
Prospectus Supplement dated April 27, 2004)
CUSIP: 02003MAH7
ISIN: US02003MAH79
Allstate Life Global Funding
Secured Medium Term Notes
Issued Through
Allstate Life Global Funding Trust 2005-2 (the "Trust")
The description in this pricing supplement of the particular terms of the
Secured Medium Term Notes offered hereby supplements the description of the
general terms and provisions of the notes set forth in the accompanying
prospectus and prospectus supplement, to which reference is hereby made.
Principal Amount: $225,000,000 Agent(s) Discount: 0.029%
Issue Price: 100.000% Original Issue Date:
January 25, 2005
Net Proceeds to the Trust: $224,934,750 Stated Maturity Date:
January 25, 2008
Funding Agreement Number(s): FA-41079
Specified Currency: U.S. Dollars
Interest Payment Dates: January 25, April 25, July 25
and October 25 in each year
Initial Interest Payment Date: April 25, 2005
Regular Record Dates: 15 calendar days prior to each
Interest Payment Date
Type of Interest Rate: [ ] Fixed Rate
[ X ] Floating Rate
Fixed Rate Notes: [ ] Yes [ X ] No. If, Yes,
Interest Rate:
Floating Rate Notes: [ X ] Yes [ ] No. If, Yes,
Regular Floating Rate Notes: [ X ] Yes [ ] No. If, Yes,
Interest Rate: Interest Rate Basis plus
the Spread
Interest Rate Basis(es): See below
Floating Rate/Fixed Rate Note: [ ] Yes [ X ] No. If, Yes,
Floating Interest Rate:
Interest Rate Basis(es):
Fixed Interest Rate:
Fixed Rate Commencement Date:
Inverse Floating Rate Note: [ ] Yes [ X ] No. If, Yes,
Fixed Interest Rate:
Floating Interest Rate:
Interest Rate Basis(es):
Initial Interest Rate, if any: Interest Rate Basis plus the
Spread determined as of the
second London banking day
preceding the Original Issue
Date
A-A-1
Initial Interest Reset Date: April 25, 2005
Interest Rate Basis(es). Check all that apply:
[ ] CD Rate [ ] Commercial Paper Rate
[ ] CMT Rate [ ] Eleventh District Cost
of Funds Rate
[ X ] LIBOR [ ] Federal Funds Rate
[ ] EURIBOR [ ] Treasury Rate
[ ] Prime Rate [ ] Other (See Attached)
If LIBOR:
[ ] LIBOR Reuters Page [ X ] LIBOR Moneyline Telerate
Page 3750
LIBOR Currency: U.S. Dollars
If CMT Rate:
Designated CMT Telerate Page:
If 7052: [ ] Weekly Average
[ ] Monthly Average
Designated CMT Maturity Index:
Index Maturity: Three months
Spread (+/-): 0.06%
Spread Multiplier: Not applicable
Interest Reset Date(s): Each Interest Payment Date
Interest Determination Date(s): The second London banking day
preceding the related Interest
Reset Date
Maximum Interest Rate, if any: Not applicable
Minimum Interest Rate, if any; Not applicable
Calculation Agent: J.P. Morgan Trust Company,
National Association
Exchange Rate Agent: Not applicable
Computation of Interest (not applicable unless different than as specified in
the prospectus and prospectus supplement):
Day Count Convention (not applicable unless different than as specified in the
prospectus and prospectus supplement):
Amortizing Note: [ ] Yes [ X ] No. If, Yes,
Amortizing Schedule:
Additional/Other Terms:
Discount Note: [ ] Yes [ X ] No. If, Yes,
Total Amount of Discount:
Initial Accrual Period of Discount:
Additional/Other Terms:
Redemption Provisions: [ ] Yes [ X ] No. If, Yes,
Initial Redemption Date:
Initial Redemption Percentage:
Annual Redemption Percentage Reduction (if any):
Redemption: [ ] In whole only and not
in part
[ ] May be in whole or
in part
Additional/Other Terms:
Repayment: [ ] Yes [ X ] No. If, Yes,
Repayment Date(s):
Repayment Price:
Repayment: [ ] In whole only and not
in part
[ ] May be in whole or
in part
Additional/Other Terms:
Sinking Fund (not applicable unless specified):
Additional Amounts to be Paid for Withholding Tax (not applicable unless
specified):
Securities Exchange Listing: [ ] Yes [ X ] No. If Yes,
Name of Exchange
Authorized Denominations: $1,000
Ratings:
The Notes issued under the Program are rated "AA" by Standard & Poor's
Ratings Services, a division of The McGraw Hill Companies, Inc. and "Aa2"
by Moody's Investors Service, Inc.
Agent(s) Purchasing Notes as Principal: [ X ] Yes [ ] No. If Yes,
Agent(s) Principal Amount
- --------------------------------------------------------------------------------
Morgan Stanley & Co. Incorporated $78,750,000
UBS Securities LLC $78,750,000
Banc of America Securities LLC $22,500,000
J.P. Morgan Securities Inc. $22,500,000
Lehman Brothers Inc. $22,500,000
------------
Total: $225,000,000
============
Agent(s) Acting as Agent: [ ] Yes [ X ] No. If Yes,
Agent(s) Principal Amount
- --------------------------------------------------------------------------------
------------------------------
Total:
Additional/Other Terms: Not applicable
Special Tax Considerations: Interest payable on the Notes will be treated as
"qualified stated interest" for United States Federal income tax purposes, as it
meets the specified criteria referenced in the prospectus supplement under the
heading "United States Federal Income Tax Considerations-U.S. Holders-Floating
Rate Notes."