WASHINGTON (dpa-AFX) - Primerica Inc. (PRI) Wednesday priced a public offering of $375 million in aggregate principal amount of senior notes due 2022 at an annual interest rate of 4.750 percent. Interest will be paid semi-annually on the 15th day of January and July, beginning on January 15, 2013.
The company intends to use the net proceeds to repay $300 million note payable to a subsidiary of Citigroup Inc. and for general corporate purposes, which may include share repurchases.
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