ATLANTA--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ) (âAssurantâ), a premier global protection company that safeguards and services connected devices, homes and automobiles in partnership with the worldâs leading brands, today announced the closing of a public offering of $300.0 million aggregate principal amount of its 5.550% Senior Notes due 2036 (the âNotesâ). The net proceeds from the sale of the Notes will be approximately $296.0 million, after deducting underwriting discounts and commissi
Related Questions
How will the issuance of $300âŻmillion senior notes affect Assurant's leverage ratios and credit profile?
What are the intended uses of the approximately $296âŻmillion net proceedsârefinancing existing debt, funding acquisitions, or other corporate purposes?
What is the effective yield on the 5.55% notes after accounting for issuance discounts, and how does it compare to recent debt offerings by peer companies?