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Conseco Announces Public Offering of $800 Million of Notes.


Business Editors

CARMEL, Ind.--(BUSINESS WIRE)--Feb. 2, 2000

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 $800 million of 8.75 percent notes due February 9, 2004.

Banc of America Securities LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, Deutsche Banc Alex. Brown and Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis.  &Co. are joint book-running managers and along with Chase Securities Inc., First Union Securities, Inc., J.P. Morgan &Co. and SG Cowen 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 12-1/2 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 solicitation

In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual
 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 Banc of America Securities LLC, 100 North Tryon Street, Charlotte, NC 28255, Deutsche Banc Alex. Brown, 31 West 52nd Street, 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 10019 or Merrill Lynch &Co., World Financial Center, 250 Vesey Street, New York, NY 10281.
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Publication:Business Wire
Geographic Code:1USA
Date:Feb 2, 2000
Words:241
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