WASHINGTON (dpa-AFX) - Insurer Aflac Inc. (AFL) said Friday that it has priced $250 million, par value, fixed rate senior notes, as a follow-on offering to the company's $400 million, par value, fixed rate senior notes, issued on February 10, with a coupon of 2.65% due in 2017.
The notes will be issued at a price of 103.105 with a re-offer yield of 1.932%.
The company plans to use the net proceeds from the offering for general corporate purposes, including capital contributions to subsidiaries, if needed.
Copyright RTT News/dpa-AFX
