CHICAGO--(BUSINESS WIRE)--
Kemper
Corporation (NYSE: KMPR) announced today that it has entered into a
new $325 million, four-year revolving credit facility that expires on
March 7, 2016. The new facility replaces Kemper’s $245 million facility
that was set to expire October 30, 2012.
Proceeds under the agreement can be used for general corporate purposes.
J.P. Morgan Securities LLC and Wells Fargo Securities, LLC served as
Joint Bookrunners and Joint Lead Arrangers.
About Kemper
Kemper is a diversified insurance holding company with subsidiaries that
principally provide life, health, auto, homeowners, renters and other
insurance products to the individual and small business markets. Kemper
serves its customers through a network of independent agents, brokers
and career agents, as well as directly to consumers via direct mail,
web, employer-sponsored employee benefit programs and other affinity
relationships.
Additional information about Kemper is available by visiting kemper.com.
Kemper Corporation
Investors:
Diana Hickert-Hill, 312.661.4930
investor.relations@kemper.com
Source: Kemper Corporation