Assurant, Inc. Completes $100 Million Fixed-Spread Cash Tender Offer

December 23, 2016

S&C advised Assurant, Inc. in connection with a fixed-spread cash tender offer for up to $100 million aggregate principal amount of its 6.750% senior notes due 2024. The tender offer launched on December 9 and provided for an early participation premium to holders who tendered by December 22. The offer, which provided for early settlement, was oversubscribed as of the early tender deadline.

The S&C team was led by Marion Leydier, along with Richard Kahn and Joshua Downer. Alan Sinsheimer and Robert Risoleo provided assistance. Jeffrey Hochberg advised on tax matters.