Lincoln National Prices Senior Note Offering

LINCOLN FINANCIAL MEDIA parent LINCOLN NATIONAL CORP. has priced its offering of $300 million in 10-year fixed-rate senior notes due FEBRUARY 15, 2020 at a coupon rate of 6.25%.

The company says that it will use the proceeds for general corporate purposes, including repaying $250 million worth of senior notes due MARCH 12th.

UBS SECURITIES LLC and U.S. BANCORP INVESTMENTS INC. served as joint book-running managers for the offering.

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