trending Market Intelligence /marketintelligence/en/news-insights/trending/W6Mo1_KPh6iVOV238DvvgQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Unum Group issues $600M of senior notes

Infrastructure Issues: Tools to Dig Deep on Potential Risks

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

2018 US Property Casualty Insurance Market Report


Fintech Funding Flows To Insurtech In February

Unum Group issues $600M of senior notes

Unum Grouphas issued $600 million aggregate principal amount of senior notes.

The company issued $350 million of 3.00% senior notes dueMay 15, 2021, and $250 million of 5.75% senior notes due Aug. 15, 2042.

The trade date for the notes is May 4 and the settlementdate is May 9.

Interest on the notes due 2021 is payable May 15 and Nov. 15each year, starting Nov. 15; and interest on the notes due 2042 is payable Feb.15 and Aug. 15 each year, beginning Aug. 15.

J.P. Morgan Securities LLC and Barclays Capital Inc. are thejoint book-running managers.

Citigroup Global Markets Inc.; Merrill Lynch Pierce Fenner& Smith Inc.; Regions Securities LLC; SunTrust Robinson Humphrey Inc.; U.S.Bancorp Investments Inc.; Wells Fargo Securities LLC; BB&T Capital Markets,a division of BB&T Securities LLC; BNY Mellon Capital Markets LLC; andFifth Third Securities Inc. are co-managers.