Old Republic prices $700 million of 5.700% senior notes due 2036
Old Republic International priced a registered underwritten offering of $700 million in 5.700% senior notes due June 1, 2036, on May 13, 2026. The company issued the notes under an indenture with Wilmington Trust Company as trustee, adding $700 million of direct debt to its obligations.
Key points
- Principal amount of $700 million; interest of 5.700% paid semi-annually on June 1 and December 1, starting December 1, 2026
- Notes mature June 1, 2036; redeemable at any time before March 1, 2036 at the greater of par or a Treasury-based make-whole price plus 20 basis points
- Underwriters are Morgan Stanley & Co. LLC and PNC Capital Markets LLC; trustee is Wilmington Trust Company
The filing
Written by AI on Nov 8, 2026, 1:17 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 18, 2026.
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.