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Principal Financial files automatic shelf for stock, preferreds, debt
By Devika Patel
Knoxville, Tenn., May 24 - Principal Financial Group, Inc. filed an automatic shelf registration in an S-3-ASR filing with the Securities and Exchange Commission.
The registration covers debt securities, junior subordinated debt securities, junior subordinated debentures, preferred stock, common stock, depositary shares, warrants, purchase contracts and purchase units and preferred securities guaranteed by the company's subsidiaries.
The securities may be structured as convertibles.
Proceeds will be used for general corporate purposes.
The savings, investment and insurance company is based in Des Moines.
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