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CNA Financial plans to price offering of senior notes
By Marisa Wong
Los Angeles, Aug. 11 – CNA Financial Corp. plans to price senior notes, according to a 424B3 filing with the Securities and Exchange Commission.
J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, BofA Securities, Inc., Citigroup Global Markets Inc., Barclays, U.S. Bancorp Investments, Inc., Credit Suisse Securities (USA) LLC and Goldman Sachs & Co. LLC are the underwriters.
The Chicago-based commercial property and casualty insurance company will use proceeds to redeem, repurchase or repay its $400 million of outstanding 5.75% notes due Aug. 15, 2021 and for general corporate purposes.
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