AM Best Assigns Issue Credit Rating to Unum Group's New Senior Unsecured Notes

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of "bbb+†(Good) to the recently issued $300 million of 5.250% senior unsecured notes due Dec. 15, 2035, issued by Unum Group (Unum) (headquartered in Chattanooga, TN) [NYSE: UNM]. The outlook assigned to this Credit Rating (rating) is stable. The proceeds will be used for general corporate purposes, as well as repayment of the $275 million aggregate principal amount of outstanding senior unsecur. ...