ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

UNMA Unum Group

25.56
0.26 (1.03%)
After Hours
Last Updated: 21:22:55
Delayed by 15 minutes
Share Name Share Symbol Market Type
Unum Group NYSE:UNMA NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.26 1.03% 25.56 25.72 25.27 25.27 34,724 21:22:55

Form FWP - Filing under Securities Act Rules 163/433 of free writing prospectuses

05/06/2024 9:33pm

Edgar (US Regulatory)


Filed Pursuant to Rule 433
Registration No. 333-271511

Issuer Free Writing Prospectus dated June 5, 2024 relating to
Preliminary Prospectus Supplement dated June 5, 2024 to
Prospectus dated April 28, 2023
Unum Group
Final Term Sheet Relating to
$400,000,000 Aggregate Principal Amount of
6.000% Senior Notes due 2054
This term sheet relates to the senior notes referenced above (the “notes”) and should be read together with the preliminary prospectus supplement dated June 5, 2024 and the prospectus dated April 28, 2023 (including the documents incorporated by reference therein) relating to the notes offering before making a decision in connection with an investment in the notes. Terms used but not defined herein have the meanings ascribed to them in the preliminary prospectus supplement.
Issuer:
Unum Group (the “Issuer”)
   
Expected Issue Ratings:*
Baa2 (stable) (Moody’s) / BBB (stable) (S&P) / BBB (stable) (Fitch)
   
Title of Notes:
6.000% Senior Notes due 2054
   
Aggregate Principal Amount Offered:
$400,000,000 aggregate principal amount of notes
   
Denominations:
$2,000 and integral multiples of $1,000 in excess thereof
   
Public Offering Price:
97.902% of principal amount
   
Underwriting Discount:
0.875% of principal amount
   
Proceeds, before Expenses:
97.027% of principal amount; $388,108,000
   
Stated Maturity Date:
June 15, 2054
   
Interest Payment Dates:
June 15 and December 15, beginning December 15, 2024
   
Record Dates:
June 1 and December 1
   
Coupon:
6.000%
   
Redemption Provision:
Make Whole Call at any time prior to December 15, 2053, in whole or in part, at a discount rate of Treasury plus 30 basis points.  Par Call at any time on or after December 15, 2053, in whole or in part, at 100% of the principal amount of the notes being redeemed plus accrued and unpaid interest to but excluding the date of redemption.
   
Benchmark Treasury:
4.250% due February 15, 2054
   
Benchmark Treasury Price and Yield:
96-21; 4.454%
   
Spread over Benchmark Treasury:
T+170 basis points

Yield to Maturity:
6.154%
   
Day Count Convention:
30/360
   
Legal Format:
SEC Registered
   
CUSIP Number:
91529Y AT3
   
ISIN:
US91529YAT38
   
Trade Date:
June 5, 2024
   
Settlement Date**:
T+3; June 10, 2024
   
Listing:
None
   
Joint Book-Running Managers:
 
 
Goldman Sachs & Co. LLC                                                              
HSBC Securities (USA) Inc.                                                                                     
PNC Capital Markets LLC                                                       
Truist Securities, Inc.
_________________________

* A security rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time by the assigning rating organization. Each rating should be evaluated independently of any other rating.

** It is expected that delivery of the notes will be made against payment therefor on or about June 10, 2024, which is the third business day following the date of the pricing of the notes (such settlement cycle being referred to as “T+ 3”). Under Rule 15c6-1 of the Exchange Act, trades in the secondary market generally are required to settle in one business day unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the notes prior to the date that is one business day preceding the Settlement Date will be required, by virtue of the fact that the notes initially will settle in T+3, to specify an alternative settlement cycle at the time of any such trade to prevent failed settlement. Purchasers of the notes who wish to trade the notes during such period should consult their own advisors.
The Issuer has filed a registration statement (including a prospectus and related prospectus supplement) with the U.S. Securities and Exchange Commission for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, the related prospectus supplement and other documents the Issuer has filed with the SEC for more complete information about the Issuer and this offering. You may obtain these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the Issuer, any underwriter or any dealer participating in this offering will arrange to send you the prospectus and the prospectus supplement for this offering if you request them by contacting Goldman Sachs & Co. LLC toll free at 1-866-471-2526, HSBC Securities (USA) Inc. toll free at 1-866-811-8049, PNC Capital Markets LLC toll free at 1-855-881-0697 and Truist Securities, Inc. toll free at 1-800-685-4786.
Any disclaimers or other notices that may appear below are not applicable to this communication and should be disregarded.  Such disclaimers were automatically generated as a result of this communication being sent via email or another communication system.
2

1 Year Unum Chart

1 Year Unum Chart

1 Month Unum Chart

1 Month Unum Chart