SAFECO Corp. has filed with the Securities and Exchange Commission to periodically sell up to $775 million in common and preferred stock, convertible stock and debt securities, contracts and units.
The Seattle-based company indicated it plans to use the proceeds from the shelf offering for general corporate purposes, that may include debt repayment and subsidiaries.
Was this article valuable?
Here are more articles you may enjoy.
A-Cap Insurers File Suit Against SCDOI Director; AM Best Downgrades Group 
Cleared of Charges, NJ’s Norcross Sues Inquirer, Editor for $100M in Defamation Suit 
Florida’s Private Railroad, Brightline, Files for Bankruptcy 
State Farm to Increase Claims Workforce by 3,000 
