Aflac to redeem 8.5% senior notes due 2019 via new notes proceeds

By Susanna Moon

Chicago, March 9 – Aflac Inc. said it plans to redeem some or all of its $850 million principal amount of outstanding 8.5% senior notes due 2019.

Funding for the offer will come from proceeds of a public offering of two series of senior notes, due 2020 and 2025, according to a company press release.

Aflac is a Columbus, Ga.-based company that provides supplemental health and life insurance through its subsidiaries.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.