Delphi to Sell $100M 30 Year Notes

Delphi Financial Group, Inc. (NYSE: DFG) yesterday announced an offering to sell $100 million in 30-year Senior Notes. Delphi expects to use the proceeds of the offering to repay existing corporate debt. Lehman Brothers, Wachovia Securities, Stifel, Nicolaus & Company and U.S. Bancorp Piper Jaffray are acting as joint-book running managers for the offering. The offering will be made pursuant to a prospectus supplement to Delphi's currently effective shelf registration statement. Copies of the prospectus supplement, when available, may be obtained from the joint lead managers of the offerin...