JACKSONVILLE, Fla.,
Aug. 13, 2018 /PRNewswire/ --
Fidelity National Financial, Inc. (NYSE: FNF) today announced that
it has closed its issuance of $450
million of its 4.50% senior notes due August 15, 2028 ("Senior Notes"). The
Senior Notes will pay interest semi-annually on the 15th of
February and August, beginning February 15,
2019, and mature on August 15,
2028.
FNF intends to use the net proceeds of the issuance of the
Senior Notes to cash-settle its outstanding 4.25% convertible
senior notes maturing in August 2018
upon conversion thereof, repay borrowings under its revolving
credit facility and the remainder for general corporate
purposes.
The offer and sale of the Senior Notes has not been registered
under the Securities Act of 1933, as amended, or any other
securities laws, and the Senior Notes may not be offered or sold in
the United States or to U.S.
persons absent registration or an applicable exemption from
registration requirements. This press release does not constitute
an offer to sell or the solicitation of an offer to buy the Senior
Notes. All offers of the Senior Notes were made only by means of a
private offering memorandum.
FNF - G
SOURCE: Fidelity National Financial, Inc.
View original
content:http://www.prnewswire.com/news-releases/fidelity-national-financial-inc-closes-issuance-of-450-million-of-4-50-senior-notes-due-2028--300695557.html
SOURCE Fidelity National Financial, Inc.