Annual Reports

 
Quarterly Reports

 
8-K

  • 8-K (Oct 26, 2017)
  • 8-K (Oct 25, 2017)
  • 8-K (Oct 16, 2017)
  • 8-K (Oct 4, 2017)
  • 8-K (Aug 11, 2017)
  • 8-K (Jul 27, 2017)

 
Other

CNO Financial Group, Inc. 8-K 2011

Documents found in this filing:

  1. 8-K
  2. 8-K
Form 8-K paulson






UNITED STATES
 SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K
 
CURRENT REPORT
 PURSUANT TO SECTION 13 OR 15(d) OF THE
 SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): July 1, 2011



CNO Financial Group, Inc.
(Exact Name of Registrant as Specified in Charter)
 
Delaware
001-31792
75-3108137
(State or Other
 Jurisdiction of Incorporation)
(Commission File Number)
(I.R.S. Employer
 Identification No.)
11825 North Pennsylvania Street
Carmel, Indiana  46032
(Address of Principal Executive Offices) (Zip Code)
 
(317) 817-6100
(Registrant's telephone number, including area code)
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))






1





Item 7.01.
Regulation FD Disclosure.

On July 1, 2011, CNO Financial Group, Inc. (“CNO”) subscribed for $25,000,000 of the Class A limited partnership interests of Paulson Advantage, L.P. (the “Fund”). The Fund seeks to generate positive returns for its subscribers from event-driven, distressed and merger arbitrage strategies with low volatility and correlation to the market.

The Fund is managed by Paulson & Co. Inc. (“Paulson”). The Fund and other funds managed by Paulson collectively own 24,455,000 shares of CNO's common stock, which represented approximately 9.7% of CNO's common stock outstanding as of March 31, 2011. Paulson, on behalf of certain funds it manages, also holds warrants to purchase 5,000,000 shares of CNO's common stock and $200,000,000 aggregate principal amount of CNO's 7.0% Convertible Senior Debentures due 2016.

The CNO investment in the Fund was made as part of CNO's program to invest funds at the holding company level to generate additional non-life income and further utilize its tax loss carryforwards.




2





SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
CNO Financial Group, Inc.
 
 
 
Date: July 1, 2011
 
 
 
By:
 
 
/s/ John R. Kline
 
 
 
John R. Kline
 
 
 
Senior Vice President and
Chief Accounting Officer
 
 
 






3
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki