Capital Offerings Profile

Company Name Kemper Corporation
Offering Type Senior Debt
Description 6.000% Senior unsecured notes, due Nov 30, 2015
ISIN US913275AD56
Currency of Issue USD
Trading Symbol (Exchange) UTR.GD (OTC)
 
Announcement Date 11/18/2010
Trade Date 11/19/2010
Settlement Date 11/24/2010
Completion Date 11/19/2010
Shelf Filing Date 11/3/2010
 
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 repay aggregate borrowing of $140M under credit facility, to make a capital contribution of $60M to Unitrin's subsidiary, United Insurance Company of America, and for working capital and other general corporate purposes.

Pricing
Offer Price ($) 100.00
Yield to Maturity (%) 6.000
Treasury Spread (%) 4.488
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

Underwriting Fees
Gross Spread ($) 6.00
Gross Spread (%) 0.60
Sales Concession ($) 3.50
Reallowance ($) 2.25

Underwriters Shares Underwritten Amount Underwritten($000)
Book Manager(s)
  J.P. Morgan Securities LLC - 87,500
  Wells Fargo Securities, LLC - 75,000
Co-Manager(s)
  BNY Mellon Capital Markets, LLC - 12,500
  Fifth Third Securities Inc. - 12,500
  Goldman Sachs & Co. LLC - 12,500
  Macquarie Capital (USA) Inc. - 12,500
  Raymond James & Associates, Inc. - 12,500
  U.S. Bancorp Investments, Inc. - 12,500
  Williams Capital Group, L.P. - 12,500

Professionals
Issuer's Counsel Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates
Underwriter's Counsel Davis Polk & Wardwell, LLP
Auditor(s) Deloitte & Touche, LLP
Clearing House(s) Clearstream Banking SA
Depository Trust Company
Euroclear Bank SA/NV

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