St. Paul Seeks $1 Billion in Debt Securities

August 21, 2000

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.

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