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Travelers Cos. to sell $500M in debt

Travelers Cos. Inc. said it will sell $500 million aggregate principal amount of its 4.050% senior notes due 2048.

Barclays Capital Inc., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Wells Fargo Securities LLC, BB&T Capital Markets, HSBC Securities (USA) Inc., J.P. Morgan Securities LLC, Merrill Lynch Pierce Fenner & Smith Inc., MUFG Securities Americas Inc. and U.S. Bancorp Investments Inc. are the underwriters.