COLUMBUS, Ga., Jan. 17, 2017 /PRNewswire/ -- Aflac
Incorporated announced today that it has priced ¥60 billion (par value) in
yen-denominated senior notes. The offering consists of ¥60 billion of 0.932% senior notes due 2027. The company
anticipates using the net proceeds of this offering for general
corporate purposes, including to replenish cash used to repurchase
the Company's 6.900% senior notes due 2039 and 6.45% senior notes
due 2040 in the Company's recent tender offer.
This offering is being made pursuant to an effective shelf
registration statement previously filed by Aflac Incorporated with
the Securities and Exchange Commission (SEC) and only by means of a
prospectus supplement and accompanying prospectus. The registration
statement and other documents that Aflac Incorporated has filed
with the SEC that contain more complete information about Aflac
Incorporated and this offering may be obtained by contacting:
Merrill Lynch International
Attn: Prospectus Department
200 North College Street, 3rd floor
Charlotte NC 28255-0001
Tel: 800.294.1322
Email: dg.prospectus_requests@baml.com
Mizuho International plc
30 Old Bailey
London, EC4M 7AU
United Kingdom
Tel: +44 20 7090 6116
Email: DL-MHI-PrimaryDebt-Syndicate@uk.mizuho-sc.com
Morgan Stanley & Co. LLC
Attn: Prospectus Department
180 Varick Street
New York, NY 10014
Tel: 866.718.1649
SMBC Nikko Securities America, Inc.
Attn: Securities Operations
277 Park Avenue
New York, NY 10172
Tel: 888.868.6856
Email: prospectus@smbcnikko-si.com
Alternatively, these documents may be obtained by visiting the
SEC website at www.sec.gov.
This press release shall not constitute an offer to sell nor the
solicitation of an offer to buy any of these securities, nor shall
there be any sale of these securities in any jurisdiction in which
such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of such
jurisdiction.
About Aflac
When a policyholder gets sick or hurt,
Aflac pays cash benefits fast. For six decades, Aflac insurance
policies have given policyholders the opportunity to focus on
recovery, not financial stress. In the
United States, Aflac is the leading provider of voluntary
insurance at the worksite. Through its trailblazing One Day
PaySM initiative, Aflac U.S. can receive, process,
approve and disburse payment for eligible claims in one business
day. In Japan, Aflac is the
leading provider of medical and cancer insurance and insures one in
four households. Aflac individual and group insurance products help
provide protection to more than 50 million people worldwide. For 10
consecutive years, Aflac has been recognized by Ethisphere
as one of the World's Most Ethical Companies. In 2016,
Fortune magazine recognized Aflac as one of the 100 Best
Companies to Work For in America for the 18th consecutive year and
included Aflac on its list of Most Admired Companies for the 15th
time, ranking the company No. 1 in innovation for the insurance,
life and health category for the second consecutive year. In 2015,
Aflac's contact centers were recognized by J.D. Power by providing
"An Outstanding Customer Service Experience" for the Live Phone
Channel. Aflac Incorporated is a Fortune 500 company listed on the
New York Stock Exchange under the symbol AFL. To find out more
about Aflac and One Day PaySM, visit aflac.com or
espanol.aflac.com.
Forward-looking Information
The Private
Securities Litigation Reform Act of 1995 provides a "safe harbor"
to encourage companies to provide prospective information, so long
as those informational statements are identified as forward-looking
and are accompanied by meaningful cautionary statements identifying
important factors that could cause actual results to differ
materially from those included in the forward-looking statements.
We desire to take advantage of these provisions. This document
contains cautionary statements identifying important factors that
could cause actual results to differ materially from those
projected herein, and in any other statements made by company
officials in communications with the financial community and
contained in documents filed with the Securities and Exchange
Commission (SEC).
Forward-looking statements are not based on historical
information and relate to future operations, strategies, financial
results or other developments. Furthermore, forward-looking
information is subject to numerous assumptions, risks and
uncertainties. In particular, statements containing words such as
"expect," "anticipate," "believe," "goal," "objective," "may,"
"should," "estimate," "intends," "projects," "will," "assumes,"
"potential," "target" or similar words as well as specific
projections of future results, generally qualify as
forward-looking. Aflac undertakes no obligation to update such
forward-looking statements. We caution readers that the following
factors, in addition to other factors mentioned from time to time,
could cause actual results to differ materially from those
contemplated by the forward-looking statements: difficult
conditions in global capital markets and the economy; governmental
actions for the purpose of stabilizing the financial markets;
defaults and credit downgrades of securities in our investment
portfolio; exposure to significant interest rate risk;
concentration of business in Japan; limited availability of acceptable
yen-denominated investments; failure to comply with restrictions on
patient privacy and information security; foreign currency
fluctuations in the yen/dollar exchange rate; deviations in actual
experience from pricing and reserving assumptions; subsidiaries'
ability to pay dividends to Aflac Incorporated; ability to continue
to develop and implement improvements in information technology
systems; concentration of our investments in any particular
single-issuer or sector; decline in creditworthiness of other
financial institutions; ability to attract and retain qualified
sales associates and employees; differing judgments applied to
investment valuations; significant valuation judgments in
determination of amount of impairments taken on our investments;
credit and other risks associated with Aflac's investment in
perpetual securities; decreases in our financial strength or debt
ratings; inherent limitations to risk management policies and
procedures; extensive regulation and changes in law or regulation
by governmental authorities; interruption in telecommunication,
information technology and other operational systems, or a failure
to maintain the security, confidentiality or privacy of sensitive
data residing on such systems; catastrophic events including, but
not necessarily limited to, epidemics, pandemics, tornadoes,
hurricanes, earthquakes, tsunamis, acts of terrorism and damage
incidental to such events; changes in U.S. and/or Japanese
accounting standards; ability to effectively manage key executive
succession; level and outcome of litigation; increased expenses and
reduced profitability resulting from changes in assumptions for
pension and other postretirement benefit plans; ongoing changes in
our industry; loss of consumer trust resulting from events external
to our operations; and failure of internal controls or corporate
governance policies and procedures.
Analyst and investor contact – Robin Y.
Wilkey, 706.596.3264 or 800.235.2667; FAX: 706.324.6330 or
rwilkey@aflac.com
Media contact – Catherine Blades,
706.596.3014; FAX: 706.320.2288 or cblades@aflac.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/aflac-incorporated-prices-60-billion-of-yen-denominated-senior-notes-300392471.html
SOURCE Aflac Incorporated