8-KOther EventsExhibits & Filings

TRAVELERS COMPANIES, INC. 8-K Report, Corporate Update (Nov 28, 2005)

Filed November 28, 2005For Securities:TRV

Summary

The St. Paul Travelers Companies, Inc. (TRV) filed an 8-K on November 28, 2005, reporting a significant financing event. On November 22, 2005, the company entered into an Underwriting Agreement to issue and sell $400 million in aggregate principal amount of 5.50% Senior Notes due 2015. This issuance represents a strategic move by TRV to raise capital through long-term debt. Investors should note that this transaction was conducted with reputable underwriters, Citigroup Global Markets Inc. and J.P. Morgan Securities Inc., and further details are available in the related Prospectus Supplement filed on November 25, 2005. The filing indicates a proactive approach by the company to manage its capital structure and fund its operations or growth initiatives.

Key Highlights

  • 1The St. Paul Travelers Companies, Inc. entered into an Underwriting Agreement on November 22, 2005.
  • 2The company is issuing $400,000,000 in aggregate principal amount of Senior Notes.
  • 3The Senior Notes have a coupon rate of 5.50% and are due in 2015.
  • 4The underwriters for this issuance include Citigroup Global Markets Inc. and J.P. Morgan Securities Inc.
  • 5The filing incorporates the Underwriting Agreement as Exhibit 99.1.
  • 6A Prospectus Supplement with further details was filed with the SEC on November 25, 2005.

Frequently Asked Questions

This 8-K filing is primarily to report the entry into a material definitive agreement, specifically an Underwriting Agreement for the issuance and sale of Senior Notes.

The company is raising $400,000,000 in aggregate principal amount through the issuance of Senior Notes.

The Senior Notes have a coupon rate of 5.50% and mature in 2015.

Further information can be found in the company's Prospectus Supplement dated November 22, 2005, which was filed with the SEC on November 25, 2005.