Unum buys back $36.6 million 6.85% notes in first half of 2008

By Jennifer Chiou

New York, Aug. 1 - Unum Group purchased and retired $36.6 million of its 6.85% senior debentures due 2015 during the first six months of 2008, according to a 10-Q filing with the Securities and Exchange Commission.

Also during the same period, the company made principal payments of $25.4 million and $5.0 million on the senior secured non-recourse variable-rate notes issued by Northwind Holdings and Tailwind Holdings, respectively.

On May 15, Unum said it retired the remaining $175 million of its 5.997% senior notes.

Based in Chattanooga, Tenn., Unum is a provider of employee benefits products and services as well as group and individual disability income protection insurance in the United States and the United Kingdom.

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