debt
confidence high
sentiment neutral
materiality 0.65
Unum Group completes $400M senior note offering at 6.00% due 2054
Unum Group
- $400M aggregate principal of 6.000% Senior Notes due 2054 issued.
- Net proceeds to repay $350M outstanding term loan facility plus fees.
- Balance for general corporate purposes, could include debt repurchases.
- Joint book-running managers: Goldman Sachs, HSBC, PNC Capital Markets, Truist Securities.
- Notes offered under existing shelf registration; prospectus supplement dated June 5, 2024.