CNO Financial Group Seeks to Amend Senior Secured Credit Facility (CNO)

CNO Financial Group, Inc. CNO today announced that it is seeking to amend its senior secured credit facility to reduce the interest rate and make other changes to provide additional operating flexibility.  The facility currently has an interest rate of LIBOR plus 600 basis points, with a LIBOR floor of 150 basis points and has an outstanding principal balance of $325 million.