May 16, 2008 at 12:37 PM
A disability insurer says it has completed paying off a portion of its debt securities.
Unum Group Corp., Chattanooga, Tenn., says it has retired the last $175 million in 5.997% senior notes.
The notes, issued in May 2003, were part of a sale of $575 million in adjustable conversion-rate equity security units, Unum says.
Unum bought back and retired $400 million of the notes in the offering in February 2006.
NOT FOR REPRINT
© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Copyright © 2023 ALM Global, LLC. All Rights Reserved.
