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.
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears
Maine Plane Crash Victims Worked for Luxury Travel Startup Led by Texas Lawyer
Florida’s Commercial Clearinghouse Bill Stirring Up Concerns for Brokers, Regulators
Zurich Insurance’s Beazley Bid Sets the Stage for More Insurance Deals 

