Capital Offerings Profile

Company Name Kemper Corporation
Offering Type Senior Debt
Description 4.35% SNR PIDI NTS 15/02/2025 USD (SEC REGD)
ISIN US488401AB66
Currency of Issue USD
Trading Symbol (Exchange) KMPR4214563 (OTC)
 
Announcement Date 2/19/2015
Trade Date 2/19/2015
Settlement Date 2/24/2015
Completion Date 2/19/2015
Shelf Filing Date 2/19/2014
 
144a? No
Mandatory Redemption? Yes
Convertible? No
Exchange for Existing Issue? No

Use of Proceeds
The net proceeds from the offering together with available cash will be used to redeem, repurchase or otherwise retire at or prior to maturity all of the outstanding 2015 Notes and, to the extent the net proceeds exceed the amount required for that purpose, for general corporate purposes, which may include, among other things, redemption, repurchase or retirement of other indebtedness. Pending the application of the net proceeds from this offering, the company may invest the net proceeds in short-term, liquid investments.

Pricing
Offer Price ($) 99.94
Yield to Maturity (%) 4.358
Treasury Spread (%) 2.250
Gross Amount Offered ($000) 250,000
Amount Including Overallotment ($000) 250,000
Minimum Denominations/Increments 2,000/1,000

Current Security Ratings Current Issuer Ratings
Fitch Ratings BBB
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)
  J.P. Morgan Securities LLC - 81,250
  Wells Fargo Securities, LLC - 81,250
Co-Manager(s)
  BNY Mellon Capital Markets, LLC - 12,500
  Fifth Third Securities Inc. - 12,500
  PNC Capital Markets LLC - 10,000
  U.S. Bancorp Investments, Inc. - 10,000
  Wedbush Securities Inc. - 10,000
  Williams Capital Group, L.P. - 10,000
  Dowling & Partners Securities, LLC - 3,750
  JMP Securities LLC - 3,750
  Macquarie Capital (USA) Inc. -