Current Report Filing (8-k)
August 08 2019 - 9:06AM
Edgar (US Regulatory)
HARTFORD FINANCIAL SERVICES GROUP, INC. false Depositary Shares, Each Representing a 1/1,00th Interest in a Share of 6.000% Non-Cumulative 0000874766 0000874766 2019-08-08 2019-08-08 0000874766 us-gaap:CommonStockMember 2019-08-08 2019-08-08 0000874766 us-gaap:DeferrableNotesMember 2019-08-08 2019-08-08 0000874766 us-gaap:JuniorSubordinatedDebtMember 2019-08-08 2019-08-08 0000874766 us-gaap:NoncumulativePreferredStockMember 2019-08-08 2019-08-08
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
August 8, 2019
Date of Report (Date of earliest event reported)
THE HARTFORD FINANCIAL SERVICES GROUP, INC.
(Exact name of registrant as specified in its charter)
|
|
|
|
|
Delaware
|
|
001-13958
|
|
13-3317783
|
(State or other jurisdiction
of incorporation)
|
|
(Commission
File Number)
|
|
(I.R.S. Employer
Identification No.)
|
One Hartford Plaza, Hartford, Connecticut 06155
(Address of principal executive offices and zip code)
Registrant’s telephone number, including area code: (860)
547-5000
Check the appropriate box below if the Form
8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
☐
|
Soliciting material pursuant to Rule
14a-12
under the Exchange Act (17 CFR
240.14a-12)
|
☐
|
Pre-commencement
communications pursuant to Rule
14d-2(b)
under the Exchange Act (17 CFR
240.14d-2(b))
|
☐
|
Pre-commencement
communications pursuant to Rule
13e-4(c)
under the Exchange Act (17 CFR
240.13e-4(c))
|
Securities registered pursuant to Section 12(b) of the Act:
|
|
|
|
|
Title of each class
|
|
Trading
Symbol(s)
|
|
Name of each exchange
on which registered
|
Common Stock, par value $0.01 per share
|
|
HIG
|
|
The New York Stock Exchange
|
6.10% Notes due October 1, 2041
|
|
HIG 41
|
|
The New York Stock Exchange
|
7.875%
Fixed-to-Floating
Rate Junior Subordinated Debentures due 2042
|
|
HGH
|
|
The New York Stock Exchange
|
Depositary Shares, Each Representing a 1/1,00th Interest in a Share of 6.000%
Non-Cumulative
Preferred Stock, Series G, par value $0.01 per share
|
|
HIG PR G
|
|
The New York Stock Exchange
|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule
12b-2
of the Securities Exchange Act of 1934 (§
240.12b-2
of this chapter).
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards pursuant to Section 13(a) of the Exchange Act.
☐
On August 8, 2019, The Hartford Financial Services Group, Inc. (the “Company”) issued a press release announcing that it has commenced a cash tender offer (the “Tender Offer”) for any and all of the outstanding aggregate principal amount of (1) its 5.125% Senior Notes due 2022 and (2) the 5.75% Senior Notes due 2023 issued by The Navigators Group, Inc. (“Navigators”). A separate offer is being made for each of the two series of notes. Navigators is a wholly-owned subsidiary of the Company.
The Tender Offer is being conducted on the terms and conditions set forth in an offer to purchase, dated August 8, 2019, and a related letter of transmittal and notice of guaranteed delivery. The Tender Offer is subject to a number of conditions (including a financing condition) that may be waived or changed. The Company is commencing an offering of senior notes to finance the Tender Offer, pursuant to an effective shelf registration statement. Assuming that such offering is completed, the Company and Navigators currently intend to, but are not obligated to, issue on August 19, 2019 notices of redemption in respect of their respective series of notes that are the subject of the Tender Offer.
This Current Report on Form
8-K
shall not constitute a notice of redemption. This Current Report on Form
8-K
is neither an offer to purchase nor the solicitation of an offer to sell any notes. In addition, this Current Report on Form
8-K
is neither an offer to sell nor the solicitation of an offer to buy any securities.
A copy of the August 8, 2019 press release is attached as Exhibit 99.1 to this report and is hereby incorporated by reference herein.
Item 9.01
|
Financial Statements and Exhibits
|
Exhibit No.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: August 8, 2019
|
|
|
The Hartford Financial Services Group, Inc.
|
|
|
|
By:
|
|
/s/ David C. Robinson
|
Name:
|
|
David C. Robinson
|
Title:
|
|
Executive Vice President and General Counsel
|
Hartford Financial Servi... (NYSE:HIG)
Historical Stock Chart
From Apr 2024 to May 2024
Hartford Financial Servi... (NYSE:HIG)
Historical Stock Chart
From May 2023 to May 2024