04:47 PM EDT, 06/10/2024 (MT Newswires) -- Unum Group ( UNM ) late Monday said it has completed its $400 million private placement of 6.00% senior notes maturing in 2054.

The company will use net proceeds to repay the $350 million owed on its senior unsecured delayed draw term loan facility along with any accrued but unpaid interest.

Any remaining funds will be used for general corporate purposes.