Form FWP HARTFORD FINANCIAL SERVI Filed by: HARTFORD FINANCIAL SERVICES GROUP, INC.
Free Writing Prospectus
(To the Preliminary Prospectus Supplement dated September 16,
2021)
Filed pursuant to Rule 433
Registration Statement No. 333-231592
The Hartford Financial Services Group, Inc.
$600,000,000
2.900% Senior Notes due 2051
FINAL TERM SHEET
Dated September 16, 2021
Issuer: | The Hartford Financial Services Group, Inc. | |
Security: | SEC Registered Senior Unsecured Notes | |
Specified Currency: | U.S. Dollars | |
Principal Amount: | $600,000,000 | |
Expected Ratings*: | Baa1 (Stable) / BBB+ (Stable) | |
Trade Date: | September 16, 2021 | |
Settlement Date (T+3)**: | September 21, 2021 | |
Maturity Date: | September 15, 2051 | |
Coupon: | 2.900% | |
Day Count Convention: | 30/360, unadjusted | |
Benchmark Treasury: | 2.375% US Treasury due May 15, 2051 | |
Benchmark Treasury Price: | 111-11+ | |
Benchmark Treasury Yield: | 1.874% | |
Spread to Benchmark Treasury: | 107 basis points | |
Yield to Maturity: | 2.944% | |
Price to Public: | 99.128% of principal amount | |
Interest Payment Dates: | Semi-annually in arrears on March 15 and September 15, commencing March 15, 2022 | |
Optional Redemption: | ||
Make-Whole Call:
Par Call: |
+20 basis points prior to March 15, 2051 (6 months prior to maturity)
On or after March 15, 2051 | |
Proceeds (after underwriting discount and before expenses) to Issuer: | $589,518,000 (98.253% of principal amount) | |
Authorized Denominations: | $2,000 and integral multiples of $1,000 in excess thereof |
CUSIP/ISIN: | 416518 AD0 / US416518AD08 | |
Joint Book-Running Managers: | Barclays Capital Inc. Goldman Sachs & Co. LLC U.S. Bancorp Investments, Inc. | |
Co-Managers: | Academy Securities, Inc. BNY Mellon Capital Markets, LLC BofA Securities, Inc. Citigroup Global Markets Inc. Credit Suisse Securities (USA) LLC Deutsche Bank Securities Inc. Drexel Hamilton, LLC ING Financial Markets LLC J.P. Morgan Securities LLC KeyBanc Capital Markets Inc. Loop Capital Markets LLC Samuel A. Ramirez & Company, Inc. SG Americas Securities, LLC Siebert Williams Shank & Co., LLC Truist Securities, Inc. Wells Fargo Securities, LLC |
The Issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the Issuer has filed with the SEC for more complete information about the Issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the Issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Barclays Capital Inc. toll free at 1-888-603-5847 or by calling Goldman Sachs & Co. LLC at 1-866-471-2526 or by calling U.S. Bancorp Investments, Inc. toll free at 1-877-558-2607.
* | The security ratings above are not a recommendation to buy, sell or hold the securities offered hereby. The ratings are subject to revision or withdrawal at any time by Moodys or S&P. Each of the security ratings above should be evaluated independently of any other security rating. |
** | The Issuer expects that delivery of the notes will be made to investors on or about September 21, 2021, which is the third business day following the date hereof (such settlement being referred to as T+3). Under Rule 15c6-1 under the Securities Exchange Act of 1934, as amended, trades in the secondary market generally are required to settle in two business days, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the notes prior to the second business day prior to the closing of the offering will be required, by virtue of the fact that the notes initially will settle in T+3, to specify alternate settlement arrangements to prevent a failed settlement, and such purchasers should consult their advisors. |
ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER E-MAIL SYSTEM.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- The Hartford (HIG) Misses Q1 EPS by 13c
- Robbins LLP Reminds LYFT Stockholders of Pending May 6, 2024 Lead Plaintiff Deadline
- Stockholder Alert: Robbins LLP Informs Investors of the Class Action Filed Against Compass Minerals International, Inc. (CMP)
Create E-mail Alert Related Categories
SEC FilingsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!