secwatch.observer — SEC 8-K summary
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Issuer:     Primerica, Inc. (PRI)
CIK:        0001475922
Form:       8-K
Filed at:   2021-11-19T23:59:59+00:00
Accession:  0001193125-21-335217
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Primerica prices $600M 2.800% Senior Notes due 2031, to redeem 2022 Notes and repay revolver
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- $600M aggregate principal of 2.800% Senior Notes due 2031; net proceeds ~$592M after underwriting discount.
- Proceeds to redeem $375M of 4.750% Senior Notes due 2022 (redemption expected Dec 20, 2021) and repay $125M revolver.
- Notes mature Nov 19, 2031; interest 2.800% semi-annual; callable at Treasury rate +20 bps before Aug 19, 2031.
- Offering closed Nov 19, 2021; joint book-runners: Wells Fargo, Citigroup, J.P. Morgan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1475922/000119312521335217/0001193125-21-335217-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1475922/000119312521335217/d268644d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-335217

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer