trending Market Intelligence /marketintelligence/en/news-insights/trending/3yJG_qmsHpnpGtspoZlREA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Allstate closes depositary share offering

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

2018 US Property Casualty Insurance Market Report

Fintech

Fintech Funding Flows To Insurtech In February

Lemonade Growing Premiums Faster Than Esurance's Homeowners Business Did


Allstate closes depositary share offering

Allstate Corp. closed the $1.15 billion public offering of 46 million depositary shares, each representing a 0.001 interest in its 5.10% series H fixed-rate noncumulative perpetual preferred share, $25,000 liquidation preference per share, which is equivalent to $25.00 per depositary share.

Net proceeds from the offering will be used for general corporate purposes, including the possible redemption or repurchase of certain of the company's preferred shares.

BofA Securities Inc., Morgan Stanley & Co. LLC, UBS Securities LLC, Wells Fargo Securities LLC and J.P. Morgan Securities LLC were joint book runners in the offering.