secwatch / observer
8-K filed May 13, 2024, 7:59 PM ET ticker CNO CIK 0001224608
debt confidence high sentiment neutral materiality 0.70

CNO Financial issues $700M of 6.450% senior notes due 2034; proceeds to refinance 2025 notes

CNO Financial Group, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

CNO Financial Group, Inc. incurred senior notes of $700.0 million with U.S. Bank Trust Company, National Association at 6.450% maturing June 15, 2034.

Instrument
senior notes
Principal
$700.0 million
Counterparty
U.S. Bank Trust Company, National Association
Rate
6.450%
Maturity
June 15, 2034
Event
incurrence
Exact text from the filing
LLC and Barclays Capital Inc., as representatives of the several underwriters listed therein (the “Underwriters”), in connection with the offer and sale by the Company of $700.0 million of 6.450% senior notes due 2034 (the “Notes”). The Company closed its public offering of the Notes on May 13, 2024. The Notes were issued under the Indenture, dated as of June
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

CNO Financial Group, Inc. amended Third Supplemental Indenture with U.S. Bank Trust Company, National Association (effective 2024-05-13).

Action
amendment
Agreement
notes offering
Counterparty
U.S. Bank Trust Company, National Association
Effective
2024-05-13
Exact text from the filing
The Notes were issued under the Indenture, dated as of June 12, 2019 (the “Base Indenture”) as supplemented by the Third Supplemental Indenture, dated as of May 13, 2024 (the “Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), each between the Company and U.S. Bank Trust Company, National Association (as successor in interest to U.S. Bank National Association), as trustee (the “Trustee”).
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

CNO Financial Group, Inc. entered into Underwriting Agreement with Goldman Sachs & Co. LLC, RBC Capital Markets, LLC and Barclays Capital Inc. valued at $700.0 million (effective 2024-05-08).

Action
entry
Agreement
underwriting
Counterparty
Goldman Sachs & Co. LLC, RBC Capital Markets, LLC and Barclays Capital Inc.
Value
$700.0 million
Effective
2024-05-08
Exact text from the filing
On May 8, 2024, CNO Financial Group, Inc. (the “Company”), entered into an underwriting agreement (the “Underwriting Agreement”) with Goldman Sachs & Co. LLC, RBC Capital Markets, LLC and Barclays Capital Inc., as representatives of the several underwriters listed therein (the “Underwriters”), in connection with the offer and sale by the Company of $700.0 million of 6.450% senior notes due 2034 (the “Notes”).
View on SEC.gov

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CNO Financial Group, Inc. filing history →

Source: SEC EDGAR
accession 0001104659-24-060561
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