Assurant’s $1.3 Billion Notes Offering

Davis Polk advised Assurant, Inc. in connection with the SEC-registered offering of $300 million aggregate principal amount of its floating-rate senior notes due 2021, $300 million aggregate principal amount of its 4.200% senior notes due 2023, $300 million aggregate principal amount of its 4.900% senior notes due 2028 and $400 million aggregate principal amount of its 7.000% fixed-to-floating-rate subordinated notes due 2048.

Assurant, Inc. is a global provider of risk management solutions, protecting where consumers live and the goods they buy. Assurant focuses on the housing and lifestyle markets, and is among the market leaders in mobile device protection and related services, extended service contracts, vehicle protection, pre-funded funeral insurance, renters insurance, lender-placed homeowners insurance and mortgage valuation and field services. Assurant operates in 16 countries, while its Assurant Foundation works to support and improve communities. The company, led by Alan B Colberg, Richard S Dziadzio and Gene E Mergelmeyer in 2017 recorded $6.415 Billion Revenues.

The Davis Polk corporate team included partner Richard D. Truesdell Jr. (Picture) and associates Eugene Baek, Mahfouz Basith and Jamie Kurtz. The tax team included partner Rachel D. Kleinberg. Counsel Charles Shi provided ERISA advice. Counsel Sarah E. Kim and associate Colleen Blanco provided 1940 act advice.


Involved fees earner: Richard Truesdell Jr. – Davis Polk & Wardwell; Mahfouz Basith – Davis Polk & Wardwell; Eugene Baek – Davis Polk & Wardwell; Jamie Kurtz – Davis Polk & Wardwell; Rachel Kleinberg – Davis Polk & Wardwell; Charles Shi – Davis Polk & Wardwell; Sarah Kim – Davis Polk & Wardwell; Colleen Blanco – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Assurant, Inc.;



Author: Ambrogio Visconti