Loews Corporation 3.75% 01-APR-2026Loews Corporation 3.75% 01-APR-2026Loews Corporation 3.75% 01-APR-2026

Loews Corporation 3.75% 01-APR-2026

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Key terms


Outstanding amount
‪500.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
3.75% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
4.54%
Maturity date
Apr 1, 2026
Term to maturity
1 year

About Loews Corporation 3.75% 01-APR-2026


Sector
Finance
Industry
Property/Casualty Insurance
Home page
Issue date
Mar 22, 2016
FIGI
BBG00CGRQM72
Loews Corp. is a holding company, which engages in the business of commercial property and casualty insurance, transportation and storage of natural gas and natural gas liquids, and operation of a chain of hotels. It operates through the following segments: CNA Financial, Boardwalk Pipelines, Loews Hotels and Co, and Corporate. The CNA Financial segment is involved in the sale of property and casualty insurance products and services, including surety, primarily through a network of independent agents, brokers, and managing general underwriters. The Boardwalk Pipelines segment focuses on midstream portion of the natural gas and NGLs industry, providing transportation, and storage for those commodities. The Loews Hotels and Co segment refers to a chain of hotels, which are in the United States and one of which is in Canada. The Corporate segment consists of investment income from the parent company’s cash and investments, parent company interest expense, and other unallocated parent company expenses. The company was founded by Laurence A. Tisch and Preston Robert Tisch on November 12, 1969 and is headquartered in New York, NY.
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