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Published on 8/11/2021 in the Prospect News Investment Grade Daily.

Liberty Mutual talks $500 million 30-year notes at 4.375% area

By Marisa Wong and Cristal Cody

Los Angeles, Aug. 11 – Liberty Mutual Group Inc. plans to price $500 million of 30-year non-call five-year junior subordinated notes with talk in the 4.375% area, according to a market source.

Citigroup Global Markets Inc. and J.P. Morgan Securities LLC are the bookrunners.

Liberty Mutual is a Boston-based property and casualty insurance company.


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