Hartford Financial to redeem $500 million 8.125% debentures on June 15

By Marisa Wong

Morgantown, W.Va., May 16 – Hartford Financial Services Group, Inc. said it will redeem $500 million of its 8.125% fixed-to-floating rate junior subordinated debentures due June 15, 2068 on June 15, according to an 8-K filing with the Securities and Exchange Commission.

The debentures will be redeemed at par plus accrued interest to the redemption date.

Bank of New York Mellon Trust Co., NA is the trustee.

Hartford Financial is a Hartford, Conn., financial services holding company and parent company of Hartford Insurance Co.

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