Liberty Mutual selling $350 million 10-year notes Thursday

By Andrea Heisinger

New York, June 13 - Liberty Mutual Group Inc. is expected to price $350 million of 10-year notes in Thursday's session, a market source said.

The sale is being done under Rule 144A and Regulation S.

Bookrunners are BofA Merrill Lynch, Wells Fargo Securities LLC, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC.

The company was last in the U.S. bond market with a $500 million reopening of two sets of notes on Aug. 14, 2012.

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

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