St. Paul Cos. Inc. filed with regulators Friday to sell as much as $1 billion in debt securities. According to a shelf registration filed with the Securities and Exchange Commission, the proceeds will be used for general corporate purposes, possibly including working capital, capital expenditures, repurchasing of common shares, debt repayment or acquisitions.
Was this article valuable?
Here are more articles you may enjoy.
Construction Firm Owner Charged With Workers’ Compensation Fraud 
Florida’s Unemployment Rate Is Surging Even as High-Profile Companies Move In 
Intersecting Risks and the Future of Construction Insurance 
A Super Yacht Armada Came to Miami, Leaving a Marine Graveyard in Its Wake 
