Conseco Announces Public Offering of $1 Billion of Notes.CARMEL, Ind.--(BUSINESS WIRE)--Oct. 18, 1999-- Conseco, Inc. (NYSE NYSE See: New York Stock Exchange :CNC (Computerized Numerical Control) See numerical control. CNC - Collaborative Networked Communication ) announced the public offering of $450 million of 8.5 percent Notes due Oct. 15, 2002, and $550 million of 9 percent Notes due Oct. 15, 2006. Chase Securities Inc. and Lehman Brothers are joint book-running managers and along with Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse. , Merrill Lynch & Co., and Warburg Dillon Read Investment bank created by the 1997 merger of S.G. Warburg & Co. and Dillon, Read & Co. Subsequently renamed UBS Warburg and now part of UBS AG, where the Warburg name was eventually dropped. LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control are underwriting the offering. Proceeds from the offering will be used to repay outstanding indebtedness. Headquartered in Carmel, Ind., Conseco is one of middle America's leading sources for insurance, investment and lending products. Through its subsidiaries and a nationwide network of insurance agents and finance dealers, Conseco provides solutions for both wealth protection and wealth creation to 12 million customers. The offering is being made only by means of the Prospectus Supplement and the accompanying Prospectus. This announcement shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. For a copy of the prospectus supplement discussing the offering, contact Chase Securities Inc., 270 Park Ave., New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY 10017, or Lehman Brothers, 3 World Financial Center, New York, NY 10285. World Wide Web http://www.conseco.com Investor Hotline 800.4.CONSECO Fax-on-Demand 800.344.6452 |
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