IFLR1000

The Travelers Companies $500 million 4.05% notes issue

9/3/2018
Investment grade bond/note issue
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$ 500 million

Completed

9/3/2018

Overview:

  • The Travelers Companies has issued $500 million in senior notes.
  • The 4.05% notes are due 2048.
  • Proceeds will be used for repayment of existing debt.
  • The issuer is a a provider of property insurances.
  • The underwriters were led by Barclays, Citigroup, Credit Suisse Securities and Wells Fargo Securities. 

Katrin Kostadinova - Data analyst 

Jurisdiction:

United States

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

United States

Industry sectors:

Insurance
Real estate

Firms:
Davis Polk & Wardwell

Party: Barclays (Underwriter)

Party: Citigroup (Underwriter)

Party: Credit Suisse Securities (Underwriter)

Party: Wells Fargo Securities (Underwriter)

Simpson Thacher & Bartlett

Party: The Travelers Companies (Issuer)

Lawyer: Mark Brod

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