Hartford Financial Service Group 7.875% Floating Junior Subordinated Debentures
By: Tim McPartland,
S&P Rating BB+
Security Ticker Symbol HGH
Market Traded ON NYSE
Interest Payment Paid on the 15th of January, April, July and October beginning on 07/15/2012
Quarterly Interest .492 Annual Interest 1.969
After 4/15/2022 Interest Rate is 3 month libor plus 5.596% reset quarterly.
Securities may be redeemed, at the issuers option, as early as 4/15/2022 for a redemption price of $25/share plus accrued interest
Interest Payment Will NOT be Qualified Distributions. Payments are interest (not dividends) thus they do not qualify for preferential tax rates.
Maturity Date 04/15/2042
Company Investor Relations Page for Hartford Financial Services
Below you can find the offering Prospectus and or final pricing documents
Related Posts:
Tim McPartland
Connect with Tim McPartland
