secwatch.observer — SEC 8-K summary
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Issuer:     ALLSTATE CORP (ALL)
CIK:        0000899051
Form:       8-K
Filed at:   2023-05-18T23:59:59+00:00
Accession:  0000899051-23-000043
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allstate closes public offering of 24M depositary shares for Series J Preferred Stock
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- Offering of 24,000,000 depositary shares representing Series J Fixed Rate Noncumulative Perpetual Preferred Stock closed May 18, 2023.
- Underwriting agreement with BofA Securities, J.P. Morgan, Loop Capital, Morgan Stanley, Wells Fargo.
- Series J Preferred Stock has $25,000 liquidation preference per share; restricts common dividends if Series J dividends unpaid.
- Certificate of Designations filed with Delaware Secretary of State on May 16, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899051/000089905123000043/0000899051-23-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899051/000089905123000043/all-20230515.htm
  HTML page:      https://secwatch.observer/filing/0000899051-23-000043

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