Aflac Incorporated announced today that it has priced $250 million (par value), fixed rate senior notes, as a follow-on offering to the company's $400 million (par value) fixed rate senior notes, issued on February 10, 2012, with a coupon of 2.65% due in 2017. These notes will be issued at a price of 103.105 with a re-offer yield of 1.932%. The company intends to use the net proceeds from this offering for general corporate purposes, including capital contributions to subsidiaries, if needed.

Commenting on the pricing of the debt issue, Aflac Incorporated President and Chief Financial Officer Kriss Cloninger III commented: "This debt issuance will further strengthen our liquidity and capital position."