debt
confidence high
sentiment neutral
materiality 0.50
First American Financial issues $450M 5.450% Senior Notes due 2034
First American Financial Corp
- Issued $450 million aggregate principal of 5.450% Senior Notes due 2034.
- Interest payable semi-annually on March 30 and Sept. 30, starting March 30, 2025; notes mature Sept. 30, 2034.
- Make-whole redemption available before June 30, 2034; thereafter redeemable at par plus accrued interest.
- Notes are senior unsecured; rank equally with existing and future senior unsecured debt; not guaranteed by subsidiaries.