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Conifer Holdings Inc. Senior Unsecured Notes

24.8272

0.0000 (0.00%)

Last Update: 29 Sep 2023 17:24:00

Yesterday: 24.8272

Day's Range: 0. - 0.

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When Written:

23.12

Conifer Holdings Inc. is a Michigan-based insurance holding company that provides specialty insurance products for commercial and personal lines. The company issued $25 million in senior unsecured notes in 2017, due in 2022, with a fixed interest rate of 6.75% per annum. The notes were offered and sold in a private placement to institutional investors. The proceeds from the notes were used to repay outstanding indebtedness and for general corporate purposes. As of December 31, 2020, the outstanding principal balance of the notes was $25 million. The notes are not convertible and do not have any mandatory redemption provisions.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.

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