Kemper Corporation - Stock Information - Capital Offerings

Company Name	Kemper Corporation
Offering Type	Follow-On
Description	Common Shares
ISIN	US4884011002
Currency of Issue	USD
Trading Symbol (Exchange)	KMPR (NYSE)

Announcement Date	6/4/2019
Trade Date	6/4/2019
Settlement Date	6/7/2019
Completion Date	6/4/2019
Overallotment Expiration	7/7/2019
Lock-up Expiration	8/3/2019
Date Overallotment Exercised	6/6/2019
Shelf Filing Date	5/8/2017

144a?	No
Mandatory Redemption?	No
Convertible?	No
Exchange for Existing Issue?	No

Use of Proceeds
The company intends to use the net proceeds from the offering, together with a portion of the net proceeds from its new term loan, to redeem all $150.0 million aggregate principal amount of its 7.375% subordinated debentures due 2054 at a redemption price equal to 100% of their principal amount, plus accrued and unpaid interest thereon to, but excluding, the date of redemption.

Pricing
Offer Price ($)	83.00
Gross Amount Offered ($000)	112,050
Amount Including Overallotment ($000)	128,858
Shares Offered	1,350,000
Total Shares Offered	1,552,500

Overallotments
Overallotment Amount Available ($000)	16,808
Overallotment Shares Available	202,500
Overallotment Amount Exercised ($000)	16,808
Overallotment Shares Exercised	202,500

Underwriters	Shares Underwritten	Amount Underwritten($000)
Book Manager(s)
Credit Suisse Securities (USA) LLC	1,350,000	112,050

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)	Depository Trust Company

Capital Offerings Profile