AI English summary of an SEC filing — figures as filed
Allstate ALLAllstate said it entered into an Underwriting Agreement with BofA Securities, Inc., Goldman Sachs & Co. LLC and other representatives of the underwriters on June 18, 2024, to sell $500,000,000 aggregate principal amount of its 5.050% Senior Notes due 2029.
Key points
AI summaryAllstate said it entered into an Underwriting Agreement with BofA Securities, Inc., Goldman Sachs & Co. LLC and other representatives of the underwriters on June 18, 2024, to sell $500,000,000 aggregate principal amount of its 5.050% Senior Notes due 2029.
The company said it closed the public offering of the Senior Notes on June 24, 2024. It said the offering was registered under its Form S-3 registration statement (File No. 333-279003).
The company said the Senior Notes are senior unsecured obligations that rank equally with its other unsecured, unsubordinated indebtedness. The notes bear interest at a fixed rate of 5.050% per year, payable semi-annually in arrears on June 24 and December 24, with the first payment on December 24, 2024.
The company said the Senior Notes will mature on June 24, 2029. The notes were issued under an Indenture dated December 16, 1997 with U.S. Bank Trust Company, National Association as trustee, as supplemented by the Twenty-Seventh Supplemental Indenture dated June 24, 2024.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Allstate to issue $500,000,000 of 5.050% Senior Notes due 2029 under underwriting agreement
Allstate said it entered into an Underwriting Agreement with BofA Securities, Inc., Goldman Sachs & Co. LLC and other representatives of the underwriters on June 18, 2024, to sell $500,000,000 aggregate principal amount of its 5.050% Senior Notes due 2029.
Source · Based on the filing body and exhibits
Allstate Closes June 24, 2024 Senior Notes Public Offering
The company said it closed the public offering of the Senior Notes on June 24, 2024. It said the offering was registered under its Form S-3 registration statement (File No. 333-279003).
Source · Based on the filing body and exhibits
Senior Unsecured Status and 5.050% Fixed-Rate Interest Payment Terms
The company said the Senior Notes are senior unsecured obligations that rank equally with its other unsecured, unsubordinated indebtedness. The notes bear interest at a fixed rate of 5.050% per year, payable semi-annually in arrears on June 24 and December 24, with the first payment on December 24, 2024.
Source · Based on the filing body and exhibits
Maturity on June 24, 2029 and Twenty-Seventh Supplemental Indenture
The company said the Senior Notes will mature on June 24, 2029. The notes were issued under an Indenture dated December 16, 1997 with U.S. Bank Trust Company, National Association as trustee, as supplemented by the Twenty-Seventh Supplemental Indenture dated June 24, 2024.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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