AFLAC Incorporated Swapped $750 Million of Senior Notes Into Yen

by Benzinga Staff
February 14, 2012 4:19 PM | 26 seconds read

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

Aflac Incorporated (NYSE: AFL) announced today that it entered into agreements with three counterparties to swap into yen the dollar-denominated senior notes issued by the company on February 10, 2012. The $400 million (par value) of five-year fixed rate, senior notes with a stated coupon of 2.65% were swapped into yen 30.9 billion with a coupon of 1.22%. The $350 million (par value) of 10-year fixed rate, senior notes with a stated coupon of 4.00% were swapped into yen 27.0 billion with a coupon of 2.07%.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

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