Unum Group announced that it has completed an offering of $400 million aggregate principal amount of senior notes due in 2054 with an annual coupon rate of 6.00%. The net proceeds from the sale of the senior notes are intended to be used to repay, in full, the $350 million aggregate principal amount of outstanding indebtedness under the company's senior unsecured delayed draw term loan facility, together with accrued interest and any fees and related expenses, and the balance of the net proceeds will be used for general corporate purposes, which could include additional redemptions or repurchases of outstanding debt.
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5-day change | 1st Jan Change | ||
49.81 USD | -1.62% | -2.54% | +10.15% |
Jul. 02 | JPMorgan Raises Price Target on Unum to $64 From $58, Maintains Overweight Rating | MT |
Jul. 01 | Unum Group(NYSE:UNM) added to Russell 1000 Defensive Index | CI |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+10.15% | 9.59B | |
+8.38% | 76.34B | |
+7.94% | 50.62B | |
+5.10% | 49.89B | |
+24.08% | 48.29B | |
+12.66% | 42.57B | |
+24.47% | 39.97B | |
+17.49% | 34.03B | |
-2.91% | 28.75B | |
+33.99% | 27.41B |
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