Summary
Aflac Incorporated announced on May 14, 2026, the successful issuance of $500,000,000 in aggregate principal amount of 5.150% Senior Notes due 2036. This offering was made under the company's existing shelf registration statement and a prospectus supplement dated May 11, 2026. The proceeds from this debt issuance are designated for general corporate purposes. These Senior Notes are unsecured obligations, ranking equally with other existing and future unsecured senior indebtedness of Aflac. The notes bear a fixed interest rate of 5.150% per annum, with semi-annual payments due on May 14 and November 14, commencing November 14, 2026. The company retains the option to redeem the notes under specific conditions, including a "Par Call Date" three months prior to maturity, where redemption will be at par plus accrued interest.
Key Highlights
- 1Aflac Incorporated issued $500 million in 5.150% Senior Notes due 2036.
- 2Proceeds from the offering will be used for general corporate purposes.
- 3The notes are unsecured and rank equally with existing and future unsecured senior debt.
- 4Interest rate is fixed at 5.150% per annum, payable semi-annually.
- 5The company has the option to redeem the notes prior to maturity under specified conditions.
- 6The offering was conducted through an underwriting agreement with major financial institutions, including Goldman Sachs & Co. LLC, Mizuho Securities USA LLC, SMBC Nikko Securities America, Inc., and Wells Fargo Securities, LLC.
- 7The issuance is governed by a Base Indenture and a Forty-Seventh Supplemental Indenture.