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Unum retires $175 million IOU
Chattanooga-based Unum Group on Friday announced it has retired the remaining $175 million of its 5.99 percent senior notes.
The notes, issued in May 2003 as a component of the company’s adjustable conversion-rate equity security units, or ACES, represent the outstanding remarketed portion of the original ACES issuance of $575 million.
The company had earlier repurchased and retired $400 million of the original issuance.
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This document may not be reprinted without the express written permission of Chattanooga Publishing Company, Inc.
This document may not be reprinted without the express written permission of Chattanooga Publishing Company, Inc.