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17.04.2012 | 18:39
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AFX News · Mehr Nachrichten von AFX News

WASHINGTON (dpa-AFX) - The Hartford Financial Services Group Inc. (HIG) announced Tuesday closing of repurchase of debentures and common stock warrants, due 2068, for an aggregate amount of $2.43 billion. The purchase agreement was signed by the company and Allianz on March 30, 2012.

The warrants were repurchased as part of The Hartford's existing $500 million equity repurchase program. Looking ahead, The company intends to close the remaining authorization of approximately $106 million.

Copyright RTT News/dpa-AFX

© 2012 AFX News

Link: http://www.finanznachrichten.de/nachrichten-2012-04/23277349-hartford-completes-re-purchase-of-debentures-and-common-stock-warrants-020.htm
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