CNO Financial Group Announces Completion of Recapitalization and Third Quarter Share Repurchases

CNO Financial Group, Inc. CNO announced today that it has entered into a new senior secured credit agreement consisting of a $250 million four-year term loan facility and a $425 million six-year term loan facility and closed its private offering of $275 million aggregate principal amount of 6.375% senior secured notes due October 2020 (the "Notes").  In addition, CNO obtained a $50 million three-year, unfunded revolving credit facility that will be available for general corporate purposes.