Lincoln National Corporation LNC today announced that it has called for the redemption of all $275 million in outstanding 6.75% Capital Securities due 2066 issued by Lincoln National Corporation (CUSIP 534187 80 2).
The Capital Securities will be redeemed at a price of $25.00 per security, plus any accrued and unpaid distributions for the period up to but excluding the redemption date. The redemption date is July 7, 2011.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in