Kemper Corporation 5.875% Fixed-Rate Reset Junior Subordinated Debentures due 2062

Kemper Corporation 5.875% Fixed-Rate Reset Junior Subordinated Debentures due 2062 are a type of long-term debt issued by Kemper Corporation. These debentures have a fixed interest rate of 5.875% and are due to mature in 2062. They are considered junior subordinated debentures, meaning they have a lower priority in terms of repayment compared to other types of debt issued by the company. This type of debt is commonly used by corporations to raise capital for various purposes, such as financing acquisitions, expanding operations, or refinancing existing debt.