CNO Financial prices $700 million of 6.450% senior notes due 2034
CNO Financial Group sold $700.0 million of 6.450% senior notes due June 15, 2034, closing the offering on May 13, 2024. The company plans to use the proceeds with cash on hand for general corporate purposes, which may include repaying its $500.0 million of 5.250% senior notes due 2025, which adds new long-term debt to its balance sheet.
Key points
- Notes: $700.0 million principal, 6.450% coupon, maturing June 15, 2034
- Underwriters: Goldman Sachs & Co. LLC, RBC Capital Markets, LLC and Barclays Capital Inc.
- Proceeds may repay $500.0 million of 5.250% senior notes due 2025
- Notes issued under a June 12, 2019 indenture with U.S. Bank Trust Company, National Association as trustee
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 13, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.