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Assurant, Inc. 5.25% Subordinated Notes due 1/15/2061
Ticker Symbol: AIZN CUSIP: 04621X306 Exchange: NYSE
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QUANTUMONLINE.COM SECURITY DESCRIPTION: Assurant, Inc. 5.25% Subordinated Notes due 2061, issued in $25 denominations, redeemable at the issuer's option on or after 01/15/2026 at $25 per note plus accrued and unpaid interest, and maturing 01/15/2061. Interest distributions of 5.25% per annum ($1.3125 per annum or $0.328125 per quarter) will be paid quarterly on 1/15, 4/15, 7/15 & 10/15 to holders of record on the record date that will be fixed by the board of board of directors (NOTE: the ex-dividend date is one business day prior to the record date). Distributions paid by these debt securities are interest and as such are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders. This security is possibly subject to an early call before 01/15/2026 at $25.00 (100%) of their principal amount plus accrued and unpaid interest within 90 days of a tax event or regulatory capital event; before 01/15/2026 at $25.50 (102%) of their principal amount plus accrued and unpaid interest within 90 days of the occurrence of a rating agency event (see prospectus for further information). The issuer may elect to defer the interest payable on the Notes on one or more occasions for up to 60 consecutive months (see prospectus for further information). This security was rated as Ba1 by Moody’s and BB+ by S&P at the date of its IPO. The Notes are unsecured, subordinated obligations of the company and will rank junior to the company's senior debt, equally with all existing and future unsecured, subordinated indebtedness of the company. See the IPO prospectus for further information on the debt securities by clicking on the ‘Link to IPO Prospectus’ provided below.
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Go to Parent Company's Record (AIZ)
IPO - 11/16/2020 - 10.00 Million Notes @ $25.00/note.
Link to IPO Prospectus
Market Value $ Million
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 260 Interstate North Circle SE, Atlanta, GA 30339 |
| Main Phone Number |
770-763-1000 |
| Fax Number |
212-859-7010 |
| Investor Relations
Suzanne Shepherd
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201-788-4324
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Toll Free Phone Number |
Unknown |
| CEO - Keith W. Demmings |
CFO - Keith Meier |
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