Loan & DebtMay 14, 2026, 05:17 PM
Aflac Issues $500M 5.150% Senior Notes Due 2036
AI Summary
Aflac Incorporated issued $500 million aggregate principal amount of 5.150% Senior Notes due 2036 in a public offering. The notes, which are general unsecured obligations, will bear interest semi-annually starting November 14, 2026. The company intends to use the net proceeds from this offering for general corporate purposes. The offering was underwritten by Goldman Sachs & Co. LLC, Mizuho Securities USA LLC, SMBC Nikko Securities America, Inc., and Wells Fargo Securities, LLC.
Key Highlights
- Aflac issued $500 million aggregate principal amount of Senior Notes.
- The Senior Notes bear an interest rate of 5.150% per annum.
- The Notes are due to mature on May 14, 2036.
- Interest on the Notes is payable semi-annually, beginning November 14, 2026.
- Proceeds from the offering will be used for general corporate purposes.
- Goldman Sachs & Co. LLC, Mizuho Securities USA LLC, SMBC Nikko Securities America, Inc. and Wells Fargo Securities, LLC acted as representatives for the underwriters.
Price Impact
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