United Fire Group, Inc. announces senior notes offering

Core Viewpoint - United Fire Group, Inc. has successfully completed a private offering of $30 million in senior unsecured notes to support growth and general corporate purposes [1] Group 1: Offering Details - The company issued $30 million aggregate principal senior unsecured 9.0% Series B notes due May 31, 2039 [1] - Proceeds from the offering will be utilized for anticipated growth and general corporate purposes [1] - Stonybrook Capital, LLC acted as the exclusive financial advisor for the offering [2] Group 2: Regulatory Information - The notes were sold in a transaction exempt from the registration requirements of the U.S. Securities Act of 1933, specifically to qualified institutional buyers under Rule 144A and to certain non-U.S. persons under Regulation S [3] Group 3: Company Background - United Fire Group, Inc. was founded in 1946 and operates as a property and casualty insurance holding company [5] - The company is licensed in all 50 states and the District of Columbia, represented by approximately 1,000 independent agencies [5] - AM Best assigns a rating of "A-" (Excellent) to members of the United Fire & Casualty Group [5]