Selective Insurance Group Issues $400 Million of 5.900% Senior Notes Due 2035
Selective Insurance Group issued $400 million of 5.900% senior notes due April 15, 2035, under an underwriting agreement with Goldman Sachs, BofA Securities and Wells Fargo Securities as representatives. The filing describes new debt the company must repay with interest, which adds to its financial obligations, but it does not report earnings or other operating results.
- Principal amount: $400 million of 5.900% Senior Notes due April 15, 2035
- Interest payable semi-annually on April 15 and October 15, starting October 15, 2025
- Company may redeem before January 15, 2035 at a make-whole price; at par plus accrued interest on or after that date