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New Issue-Unum Group sells $350 mln in 7-yr notes

Fri Sep 25, 2009 2:33pm EDT

Stocks

    
 Sept 25 (Reuters) - Unum Group (UNM.N) sold $350 million of
senior notes on Friday, said market sources.
 The size of the deal was increased from an originally
planned $250 million.
 Goldman Sachs and Morgan Stanley were the joint active
bookrunning managers for the sale. JPMorgan and Wells Fargo
were the joint passive bookrunning managers for the sale.
BORROWER: UNUM GROUP
AMT $350 MLN      COUPON 7.125 PCT    MATURITY 9/30/2016 
TYPE SNR NOTES    ISS PRICE 100.00    FIRST PAY 3/30/2010
MOODY'S Ba1       YIELD 7.125 PCT     SETTLEMENT 9/30/2009
S&P BBB-MINUS     SPREAD 416.5 BPS    PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    NON-CALLABLE



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