Lincoln National Corporation To Redeem All 6.75% Capital Securities Due 2066

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
Comments
Loading...
Posted In: NewsFinancialsLife & Health Insurance
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!