American Financial sees $27mn hit from debt redemption
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • X
  • LinkedIn
  • Email
  • Free trial
  • Log in

American Financial sees $27mn hit from debt redemption

American Financial Group expects to take a $27mn hit by redeeming $350mn in high-rate debt early.

The insurer plans to pay off the senior notes, which mature in June 2019, next month instead, according to an announcement late today.

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Gift this article