Investors have paid $350 million for 7-year senior notes from Unum Group Corp.
The notes will pay an annual coupon rate of 7.125%.
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Unum Completes Note Sale
By
staff Writer
September 30, 2009 at 08:00 PM
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Unum, Chattanooga, Tenn., says it will use the proceeds from the note sale for general corporate purposes.
This financing will help further build our holding company liquidity position while maintaining debt leverage well below our targeted levels," Frank Williamson, chief investment officer at Unum, Chattanooga, says in a statement about the offering.
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