St. Paul Cos. Inc. filed with regulators Friday to sell as much as $1 billion in debt securities. According to a shelf registration filed with the Securities and Exchange Commission, the proceeds will be used for general corporate purposes, possibly including working capital, capital expenditures, repurchasing of common shares, debt repayment or acquisitions.
Was this article valuable?
Here are more articles you may enjoy.
Florida Reforms Cut Property Premiums but Data Show Multifamily Liability Rates Up 
World’s Largest Retirement Community Set to Borrow $180 Million for More Homes 
Home Insurance Tops Property Taxes in Squeeze for US Households 
Oaktree’s Deal to Buy A-Cap Insurer Crumbles, Spawning New Talks 
