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UnumProvident Corp., 7.25% Public Income NotES PINES due 6/15/2032
Ticker Symbol: UNN* CUSIP: 91529Y304 Exchange: NYSE
* NOTE: This security is no longer trading as of 12/03/2007
Security has been Called for: Monday, December 3, 2007
October 31, 2007 -- Unum Group (NYSE: UNM) today announced that it has sent a notice of redemption to the holders of all $150.0 million principal amount of its outstanding 7.25% Public Income Notes, or PINES, scheduled to mature in 2032. Unum Group became eligible to exercise its right to redeem these notes on June 25, 2007 under the stated terms of the PINES. The redemption date is December 3, 2007, and the redemption price is 100% of the principal amount of the PINES plus accrued and unpaid interest to the redemption date.
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QUANTUMONLINE.COM SECURITY DESCRIPTION: UNUMProvident Corp., 7.250% Public Income NotES PINES, due 2032, issued in $25 denominations, redeemable at the issuer's option on or after 6/25/2007 at $25 per share plus accrued and unpaid interest, maturing 6/15/2032, distributions of 7.25% ($1.8125) per annum are paid quarterly on 3/15, 6/15, 9/15 & 12/1531 to holders of record one business day prior to the payment date while the securities remain in global security form. Units are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest. The Notes are senior obligations of the company and will rank equally with all existing and future unsecured and unsubordinated 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 (UNM)
IPO - 6/20/2002 - 6.00 Million Notes @ $25.00/note.
Link to IPO Prospectus
Market Value $144.0 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: 1 Fountain Square, Chattanooga, TN 37402 |
| Main Phone Number |
423-294-1011 |
| Fax Number |
Not Available |
| Investor Relations
Thomas A.H. White, VP
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423-294-8996
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| Toll Free Phone Number |
800-866-3228 |
| CEO - Thomas R. Watjen |
CFO - Robert C. Greving |
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