secwatch / observer
8-K filed February 25, 2025, 6:59 PM ET ticker SIGI CIK 0000230557
debt confidence high sentiment neutral materiality 0.60

SELECTIVE INSURANCE GROUP INC (SIGI): debt financing — Selective Insurance issues $400M of 5.900% Senior Notes due 2035

SELECTIVE INSURANCE 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 0.95

SELECTIVE INSURANCE GROUP INC incurred senior notes of $400,000,000 with U.S. Bank Trust Company, National Association (as successor in interest to U.S. Bank National Association), as trustee at 5.900% maturing April 15, 2035.

Instrument
senior notes
Principal
$400,000,000
Counterparty
U.S. Bank Trust Company, National Association (as successor in interest to U.S. Bank National Association), as trustee
Rate
5.900%
Maturity
April 15, 2035
Event
incurrence
Exact text from the filing
On February 25, 2025, Selective Insurance Group, Inc. (the “Company”) issued $ 400,000,000 aggregate principal amount of its 5.900 % Senior Notes due 20 35 (the “Securities”) pursuant to a Prospectus Supplement, dated February 20 , 2025 (the “Prospectus Supplement”), to the Prospectus, dated May 30, 2024, filed as part of the Company’s Registration Statement on Form S-3ASR (Registration No. 333-279815) filed with the U.S. Securities and Exchange Commission. The Securities were issued under the Indenture, dated as of February 8, 2013 (the “Base Indenture”), 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”), as supplemented by the Third Supplemental Indenture, dated as of February 25, 2025 (the “Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), between the Company and the Trustee. The Company sold the Securities pursuant to an Underwriting Agreement,
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Source: SEC EDGAR
accession 0001104659-25-016922
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