debt
confidence high
sentiment neutral
materiality 0.50
CNA Financial issues additional $100M of 5.500% notes due 2033
CNA FINANCIAL CORP
- Entered underwriting agreement with BofA Securities and Wells Fargo to sell $100M of 5.500% notes due 2033.
- Notes are a further issuance of the $400M same series issued May 22, 2023; total now $500M outstanding.
- Expected closing August 4, 2023 subject to customary conditions.
- Offered under existing shelf registration statement; proceeds not specified.