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Published on 2/15/2022 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

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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