debt
confidence high
sentiment neutral
materiality 0.60
Selective Insurance issues $400M of 5.900% Senior Notes due 2035
SELECTIVE INSURANCE GROUP INC
- $400M aggregate principal of 5.900% senior notes due April 15, 2035 issued on Feb 25, 2025.
- Interest payable semi-annually on April 15 and October 15, beginning Oct 15, 2025.
- Notes redeemable at make-whole price before Jan 15, 2035; thereafter at par plus accrued interest.
- Underwriting syndicate led by Goldman Sachs, BofA Securities, and Wells Fargo Securities.
- Issued under existing indenture with U.S. Bank Trust Company as trustee.