debt
confidence high
sentiment neutral
materiality 0.40
Hartford to redeem $600M of 7.875% junior subordinated debentures on April 15, 2022
HARTFORD INSURANCE GROUP, INC.
- Redemption of $600M aggregate principal of 7.875% Fixed-to-Floating Rate Debentures due 2042.
- Redemption date is April 15, 2022; price is 100% of principal plus accrued interest.
- Notice given to holders on March 14, 2022; trustee is The Bank of New York Mellon.
- Debentures were originally issued under a 2008 indenture as supplemented in 2012.