Kemper gets $325 million four-year revolver via JPMorgan, Wells Fargo

By Susanna Moon

Chicago, March 7 - Kemper Corp. refinanced its loan with a new $325 million revolving credit facility that expires on March 7, 2016.

The facility replaces Kemper's $245 million facility set to expire Oct. 30, 2012, according to a company press release.

J.P. Morgan Securities LLC and Wells Fargo Securities, LLC are the bookrunners and lead arrangers.

Proceeds under the agreement can be used for general corporate purposes.

Kemper is a diversified insurance holding company based in Chicago.

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