Ameriprise Financial (AMP) files prospectus for two senior note series
Ameriprise Financial (AMP) has filed a prospectus for two new series of unsecured senior notes, which will have semi-annual interest payments and stated maturities. The proceeds from this offering are intended for general corporate purposes, including the potential repayment of $500 million in outstanding 2.875% Senior Notes due September 15, 2026. These notes will be unsecured senior obligations, structurally subordinated to subsidiary debt, and Ameriprise Financial will not pursue a listing on any securities exchange, meaning there will be no established public trading market initially.
https://www.stocktitan.net/sec-filings/AMP/424b5-ameriprise-financial-inc-prospectus-supplement-debt-securities-e6d38a3ca0f2.html