Kemper Corporation’s $127.5 Million Follow-On Offering

Davis Polk advised Credit Suisse Securities (USA) LLC , the underwriter, in connection with the $127.5 million SEC-registered follow-on offering of 1,552,500 shares of common stock of Kemper Corporation (which included 202,500 additional shares that were purchased pursuant to the underwriter’s option to purchase additional shares).

The common stock is listed on the New York Stock Exchange under the symbol “KMPR.”

Kemper Corporation, based in Chicago, Illinois, is a diversified insurance holding company, with subsidiaries that provide automobile, homeowners, life, health and other insurance products to individuals and businesses.

The Davis Polk corporate team included partner John G. Crowley (Picture) and associates Jaryn S. Fields and Amanda Rae Schwarzenbart. Counsel Alon Gurfinkel and associate Tomislava Dragicevic provided tax advice.

Involved fees earner: John Crowley – Davis Polk & Wardwell; Tomislava Dragicevic – Davis Polk & Wardwell; Jaryn Fields – Davis Polk & Wardwell; Alon Gurfinkel – Davis Polk & Wardwell; Amanda Rae Schwarzenbart – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Credit Suisse;

Author: Ambrogio Visconti