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.
To Carriers’ Relief: New Florida Rule Won’t Count Mediation Requests as Complaints 
Capital Factory CEO Killed in Private-Jet Crash in Texas 
Wrong-Way AI Trade Costs Florida Stock-Picker $50 Billion 
AM Best: Data Centers Pose Risks Beyond What P/C Industry Has Experienced 
