UNIVERSAL INSURANCE HOLDINGS, INC. (UVE) Form 8-K — Jun 18, 2026
Universal Insurance Holdings, Inc. has issued $100 million in aggregate principal amount of 7.75% Senior Unsecured Notes due 2031 through a private placement. The notes were sold to institutional accredited investors and qualified institutional buyers pursuant to exemptions from registration requirements. The company intends to use the net proceeds from this offering for general corporate purposes, specifically to redeem all outstanding principal amounts of its 5.625% Senior Notes due 2026.
Key figures
- Debt Amount
- 100000000
- Interest Rate
- 7.75%
- Maturity Date
- June 30, 2031
- Gross Proceeds
- 100000000
- Refinanced Coupon
- 5.625%
- Refinanced Maturity
- 2026
Price after filing
Close on the filing date to close N calendar days later (from $38.10). Historical, not a forecast.
AI analysis
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