Capital Offerings Profile

Company Name Infinity Property and Casualty Corporation
Offering Type Senior Debt
Description 5% SNR PIDI NTS 19/09/2022 USD (SEC REGD)
ISIN US45665QAF00
Currency of Issue USD
Trading Symbol (Exchange) KMPR.22 (ARCA)
 
Announcement Date 9/12/2012
Trade Date 9/12/2012
Settlement Date 9/17/2012
Completion Date 9/12/2012
Shelf Filing Date 8/6/2010
 
144a? No
Mandatory Redemption? Yes
Convertible? No
Exchange for Existing Issue? No

Use of Proceeds
The net proceeds from this offering will be used to redeem the company's 5.500% 10-year senior notes due February 18, 2014, and use any additional net proceeds for general corporate purposes.

Pricing
Offer Price ($) 100.00
Yield to Maturity (%) 5.000
Treasury Spread (%) 3.235
Gross Amount Offered ($000) 275,000
Amount Including Overallotment ($000) 275,000
Minimum Denominations/Increments 2,000/1,000
Original Shelf Value ($000) 275,000

Current Security Ratings Current Issuer Ratings
Standard & Poor's Financial Services, LLC BBB
Moody's Corporation Baa3

Underwriting Fees
Gross Spread ($) 6.50
Gross Spread (%) 0.65
Sales Concession ($) 4.00
Reallowance ($) 2.50

Underwriters Shares Underwritten Amount Underwritten($000)
Book Manager(s)
  Barclays Capital Inc. - 165,000
  Goldman Sachs & Co. LLC - 110,000

Professionals
Issuer's Counsel Keating Muething & Klekamp PLL
Underwriter's Counsel Simpson Thacher & Bartlett LLP
Auditor(s) Ernst & Young LLP
Clearing House(s) Depository Trust Company

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