Unum Group Completes $400 M Senior Notes Offering

Unum Group UNM announced today that it has completed an offering of senior notes. A total of $400 million aggregate principal amount of 10-year senior notes was issued today with an annual coupon rate of 5.625 percent. The net proceeds are expected to be used for the repayment of the company's senior notes due March 2011 and for other general corporate purposes. Morgan Stanley & Co. Incorporated, UBS Securities LLC, J.P. Morgan Securities LLC and Wells Fargo Securities, LLC were joint book-running managers.