aflac inc (AFL) Snapshot

AFLAC Inc. priced $700 million of 10-year fixed-rate, senior notes with a coupon of 3.625%. The insurer plans to use the net proceeds from the offering to pay down one or more tranches of debt, such as its ¥28.7 billion in 1.47% Samurai notes due July 2014, ¥5.5 billion in variable interest rate Samurai notes due July 2014 or $300 million in 3.45% senior notes due August 2015. The company expects to use the rest of the net proceeds for general corporate purposes, including capital contributions to subsidiaries if needed. Goldman Sachs & Co., Mizuho Securities USA Inc., Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC were the joint book-running managers on the offering.

AFLAC Inc. Presents at Retail Investor Conference, Jun-06-2013 10:00 AM. Speakers: Delia H. Moore, Director of Rating Agency and Investor Relations.

AFLAC Inc. announced a number of changes in management roles and responsibilities designed to enhance its global management structure. The moves are effective July 1. Paul S. Amos II, Aflac president, will assume reporting responsibilities for Aflac Japan and Aflac's Global Investment Division. He will work closely with Aflac Japan President and Chief Operating Officer Tohru Tonoike and the Aflac Japan management team to continue to position Aflac as the number one insurance company in Japan in terms of individual policies in force. Similarly, he will work closely with Eric M. Kirsch, executive vice president of Global Investments, to build and manage a best-in-class investment division. Amos will continue to report to Aflac Incorporated President and Chief Financial Officer Kriss Cloninger III. Kenneth S. Janke Jr. has been named president of Aflac U.S. In addition, Janke will continue to serve as executive vice president and deputy chief financial officer of Aflac Incorporated. In his new role as president of Aflac U.S., Janke will report to Aflac Incorporated Chairman and CEO Daniel P. Amos. He will report to Cloninger in his role as deputy CFO. Teresa L. White, executive vice president, chief service officer, has been named chief operating officer of Aflac's operations in Columbus, Ga. The company is also in the final stages of selecting a chief operating officer of its Aflac Group division in Columbia, S.C. Both positions will report to Janke.