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Kemper Completes Redemption of $450 Million of 4.350% Senior Notes Due 2025

1. Kemper redeemed $450 million in Senior Notes due 2025. 2. The move was financed using available cash, improving liability management. 3. Kemper's assets total approximately $13 billion, indicating strong financial health.

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FAQ

Why Bullish?

Debt redemption signals financial strength; similar moves by other firms improved their valuations.

How important is it?

Debt management strategies like this often reassure investors about financial stability.

Why Short Term?

Immediate benefits to balance sheet and investor perceptions will be felt quickly.

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KMPR
CHICAGO--(BUSINESS WIRE)--Kemper Corporation (NYSE: KMPR) announced today that it has completed the previously announced redemption of its $450 million of 4.350% Senior Notes due 2025 using available cash. About Kemper The Kemper family of companies is one of the nation's leading specialized insurers. With approximately $13 billion in assets, Kemper is improving the world of insurance by providing affordable and easy-to-use personalized solutions to individuals, families and businesses through its Kemper Auto and Kemper Life brands. Kemper serves over 4.7 million policies, is represented by 22,000 agents and brokers, and has 7,400 associates dedicated to meeting the ever-changing needs of its customers. Learn more about Kemper.

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