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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 | |
---|---|---|---|---|---|---|---|---|
0.06 | 0.25% | 24.34 | 24.37 | 24.05 | 24.05 | 11,167 | 01:00:00 |
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.
|
_________________________
|
1 Year Unum Chart |
1 Month Unum Chart |
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