Definity Financial Set to Release $1 Billion in Senior Secured Notes
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 11 2025
0mins
Source: NASDAQ.COM
Definity Financial Corp. Announcement: The company plans to issue $1 billion in senior unsecured notes to help fund the acquisition of The Travelers Companies' Canadian operations.
Offering Details: The note offering is expected to close on September 12, 2025, with Definity's stock currently trading at $73.93, reflecting a 0.45% increase.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
