United Fire completes $30 million private note offering

ReutersJul 11, 2025 12:39 PM

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July 11 - (The Insurer) - United Fire Group has completed a private placement of $30 million in senior unsecured 9.0% Series B notes due May 31, 2039, in a private offering with Ares Alternative Credit funds.

The proceeds from this offering will be allocated to support anticipated growth and general corporate purposes, according to UFG.

Stonybrook Capital acted as the exclusive financial advisor for United Fire Group in connection with the offering.

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