Reuters logo
New Issue-Unitrin sells $250 mln in 5-yr senior notes
November 19, 2010 / 7:31 PM / 7 years ago

New Issue-Unitrin sells $250 mln in 5-yr senior notes

 Nov 19 (Reuters) - Unitrin Inc UTR.N on Friday sold $250
million of senior unsecured notes, said IFR, a Thomson Reuters
service.
 JP Morgan and Wells Fargo Securities were the joint
bookrunning managers for the sale.
BORROWER: UNITRIN INC
AMT $250 MLN      COUPON 6.00 PCT     MATURITY 11/30/2015
TYPE SR NTS       ISS PRICE 99.998    FIRST PAY 5/30/2011
MOODY'S Baa3      YIELD 6.00 PCT      SETTLEMENT 11/24/2010
S&P BBB-MINUS     SPREAD 448.8 BPS    PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    MAKE-WHOLE CALL 60 BPS

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below