WASHINGTON (dpa-AFX) - Assurant, Inc. (AIZ) Monday priced a public offering of $350 million in aggregate principal amount of its 2.50 percent senior notes due 2018 and $350 million in aggregate principal amount of its 4.00 percent senior notes due 2023.
Net proceeds from the offering will be available for general corporate purposes, including to repayment of $500 million debt due in 2014.
The closing of the offering is expected to occur on March 28, subject to the satisfaction of customary conditions.
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