Aflac Incorporated Announces Senior Notes Offering
Staff Report From Columbus CEO
Thursday, September 15th, 2016
Aflac Incorporated announced that it plans to commence a public offering of two series of senior notes, with a scheduled maturity of 2026 and 2046, respectively. The company intends to use the net proceeds from this offering to repay in full at maturity its 2.65% senior notes due 2017, of which $650,000,000 principal amount is outstanding. The company intends to use the balance of the net proceeds for general corporate purposes.
The joint active book-running managers for the transaction are Goldman, Sachs & Co., Mizuho Securities USA Inc., Morgan Stanley & Co. LLC, and Wells Fargo Securities, LLC.
