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CNO Financial prepays $16.2 million under senior credit agreement
By Melissa Kory
Cleveland, June 30 - CNO Financial Group, Inc. said it made a principal prepayment of $16.2 million under its senior secured credit agreement, which will reduce the scheduled amount that is due on Sept. 30, 2016.
After this prepayment, the outstanding principal balance of the facility is $308.8 million. The next scheduled principal payment under the facility of $10 million is due Sept. 30, 2012.
CNO is a Carmel, Ind.-based insurance company.
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