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Published on 2/16/2022 in the Prospect News Bank Loan Daily, Prospect News Investment Grade Daily and Prospect News Preferred Stock Daily.

Fitch rates Kemper notes BBB

Fitch Ratings said it rated Kemper Corp.'s $400 million issuance of senior notes due 2032 BBB.

“The new rating is equivalent to the ratings assigned to Kemper's existing senior notes,” the agency said in a press release.

The proceeds are expected to be used in the redemption of the $275 million of senior debt due in September, with any remaining balance to be used for general corporate purposes.

The outlook is negative.


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