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Published on 6/3/2021 in the Prospect News Investment Grade Daily.

Travelers to sell 30-year fixed-rate notes via four bookrunners

By Devika Patel

Knoxville, Tenn., June 3 – Travelers Cos., Inc. is selling fixed-rate senior notes due 2051, according to a 424B3 filing with the Securities and Exchange Commission.

The notes have a make-whole call and then are callable at par.

Barclays, BofA Securities Inc., Credit Suisse Securities (USA) LLC and U.S. Bancorp Investments Inc. are the bookrunners.

Proceeds will be used for general corporate purposes.

Travelers is a New York-based holding company for auto, home and business property casualty insurance companies.


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