CNO Financial plans to repay revolver with new notes offering

Chicago, May 28 – CNO Financial Group Inc. announced that it plans to repay all amounts outstanding under its existing revolving credit facility with proceeds from a $425 million senior notes offering.

The offering of senior notes due 2029 will also be used to redeem all of the company’s 4˝% senior notes due 2020.

The new notes are expected to be issued shortly after a brief roadshow wraps on Tuesday.

CNO Financial Group is a Carmel, Ind.-based financial services holding company.

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