Unum Group

NYSE:UNMUnited States

Jun 10, 2024

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• Unum Completes $400 Million Debt Offering, from 4:47PM ET on Monday Jun 10, 2024 by MT Newswires

  4:47PM ET on Monday Jun 10, 2024 by MT Newswires
  Companies Mentioned: UNM
  04:47 PM EDT, 06/10/2024 (MT Newswires) -- Unum Group (UNM) late Monday said it has completed its $400 million private placement of 6.00% senior notes maturing in 2054. The company will use net proceeds to repay the $350 million owed on its senior u...

• Unum Group Completes Senior Note Offering, from 4:15PM ET on Monday Jun 10, 2024 by Dow Jones

  4:15PM ET on Monday Jun 10, 2024 by Dow Jones
  Companies Mentioned: UNM
  
  Unum Group Completes Senior Note Offering
  
  PR Newswire
  
  CHATTANOOGA, Tenn., June 10, 2024
  
  CHATTANOOGA, Tenn., June 10, 2024 /PRNewswire/ -- Unum Group (NYSE: UNM) announced today that it has completed an offering of $400 million aggregate principal amount of senior notes due in 2054 with an annual coupon rate of 6.00 percent. The net proceeds from the sale of the senior notes are intended to be used to repay, in full, the $350 million aggregate principal amount of outstanding indebtedness under the company's senior unsecured delayed draw term loan facility, together with accrued interest and any fees and related expenses, and the balance of the net proceeds will be used for general corporate purposes, which could include additional redemptions or repurchases of outstanding debt.