Allstate Corp Files 8-K on Securities

TL;DR

Allstate filed an 8-K on 6/18/24 detailing its outstanding preferred stock and debentures.

AI Summary

On June 18, 2024, The Allstate Corporation filed an 8-K report detailing various financial instruments, including subordinated debentures due in 2053 at 5.10%, Series H, I, and J Preferred Stock, and common stock. These filings are routine updates on the company's capital structure and publicly traded securities.

Why It Matters

This filing provides transparency into Allstate's capital structure and the types of securities it has outstanding, which is important for investors assessing the company's financial health.

Risk Assessment

Risk Level: low — This is a routine filing that provides information on existing securities and does not indicate any new or unusual risks.

Key Players & Entities

• The Allstate Corporation (company) — Registrant
• June 18, 2024 (date) — Date of earliest event reported
• 5.10% (dollar_amount) — Interest rate on subordinated debentures
• 2053 (date) — Maturity year for subordinated debentures

FAQ

Key Financial Figures

• $0.01 — ich registered Common Stock, par value $0.01 per share ALL New York Stock Exchange C
• $500,000,000 — the offer and sale by the Registrant of $500,000,000 aggregate principal amount of its 5.050

Filing Documents

• all-20240618.htm (8-K) — 41KB
• underwritingagreementdated.htm (EX-1.1) — 197KB
• twenty-seventhsupplemental.htm (EX-4.1) — 104KB
• willkieopiniondatedjune242.htm (EX-5.1) — 19KB
• image_0.jpg (GRAPHIC) — 91KB
• image_2a.jpg (GRAPHIC) — 4KB
• 0000899051-24-000044.txt ( ) — 753KB
• all-20240618.xsd (EX-101.SCH) — 3KB
• all-20240618_def.xml (EX-101.DEF) — 20KB
• all-20240618_lab.xml (EX-101.LAB) — 35KB
• all-20240618_pre.xml (EX-101.PRE) — 20KB
• all-20240618_htm.xml (XML) — 8KB

01. Other Events

Item 8.01. Other Events On June 18, 2024, The Allstate Corporation (the "Registrant") entered into an Underwriting Agreement with BofA Securities, Inc., Goldman Sachs & Co. LLC, Loop Capital Markets LLC, R. Seelaus & Co., LLC and Siebert Williams Shank & Co., LLC, as representatives of the several underwriters named therein (the "Underwriting Agreement"), with respect to the offer and sale by the Registrant of $500,000,000 aggregate principal amount of its 5.050% Senior Notes due 2029 (the "Senior Notes"). The offering and sale of the Senior Notes were registered under the Registrant's registration statement on Form S-3 (File No. 333-279003). On June 24, 2024, the Registrant closed the public offering of the Senior Notes. The Senior Notes were issued pursuant to an Indenture, dated as of December 16, 1997, between the Registrant and U.S. Bank Trust Company, National Association (successor in interest to State Street Bank and Trust Company), as trustee (the "Trustee"), as amended by the Third Supplemental Indenture, dated as of July 23, 1999, and the Sixth Supplemental Indenture, dated as of June 12, 2000, and as supplemented by the Twenty-Seventh Supplemental Indenture (the "Twenty-Seventh Supplemental Indenture"), dated as of June 24, 2024. The Senior Notes are senior unsecured obligations of the Registrant and rank equally with all unsecured and unsubordinated indebtedness of the Registrant from time to time outstanding. The Senior Notes will bear interest at a fixed rate equal to 5.050% per annum. The Registrant will pay interest on the Senior Notes semi-annually in arrears on June 24 and December 24 of each year, beginning on December 24, 2024. The Senior Notes will mature on June 24, 2029. The following documents are being filed with this Current Report on Form 8-K and are incorporated herein by reference: (i) the Underwriting Agreement, (ii) the Twenty-Seventh Supplemental Indenture; (iii) the Form of the Senior Notes; and (iv) the validity opinion and

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 1.1 Underwriting Agreement dated as of June 18 , 2024 among the Registrant and BofA Securities, Inc., Goldman Sachs & Co. LLC, Loop Capital Markets LLC, R. Seelaus & Co. , LLC and Siebert Williams Shank & Co., LLC , as representatives of the several underwriters named therein . 4.1 Twenty-S e vent h Supplemental Indenture, dated June 24 , 2024 , between the Registrant and the Trustee, including the form of Senior Notes as Exhibit A . 4.2 Form of Senior Notes (included as Exhibit A to Exhibit 4.1 above). 5.1 Opinion of Willkie Farr & Gallagher LLP with respect to the Senior Notes . 23.1 Consent of Willkie Farr & Gallagher LLP (included in Exhibit 5.1 above). 104 Cover Page Interactive Data File (formatted as inline XBRL).

SIGNATURES

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. THE ALLSTATE CORPORATION (Registrant) By: /s/Julie E. Cho Name: Julie E. Cho Title: Vice President, Deputy General Counsel and Corporate Secretary Date: June 24, 2024

View Full Filing

View this 8-K filing on SEC EDGAR