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Kemper will redeem Infinity Property 5% notes due 2022 early
Chicago, Feb. 15 – Kemper Corp. said that it will use the proceeds from a new offering of senior notes to early redeem the $275 million outstanding 5% notes due 2022 issued by Infinity Property and Casualty Corp., according to a 424B5 filing with the Securities and Exchange Commission.
The notes will be redeemed with a make-whole premium.
Kemper is an insurance holding company based in Chicago. Kemper purchased Infinity in July 2018.
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