ALL-B Allstate Corp 5.100% Fixed-to-Floating Rate Subordinated Debentures due 2053

These bear interest from the date they are issued to, but excluding, January 15, 2023, at an annual rate of 5.100%, payable quarterly in arrears on January 15, April 15, July 15 and October 15 of each year, beginning on April 15, 2013 and ending on January 15, 2023. From, and including, January 15, 2023, the Debentures will bear interest at an annual rate equal to three-month LIBOR plus 3.165%, payable quarterly in arrears on January 15, April 15, July 15 and October 15 of each year, beginning on April 15, 2023. So long as no event of default with respect to the Debentures has occurred and is continuing, we have the right, on one or more occasions, to defer the payment of interest on the Debentures as described in this prospectus supplement for one or more consecutive interest periods of up to five years. Deferred interest will accrue additional interest at an annual rate equal to the annual interest rate then applicable to the Debentures. On or after January 15, 2023, the issuer may redeem the Debentures, in whole or in part, at their principal amount plus accrued and unpaid interest.  This security was issued by Allstate Corp, whose common stock symbol is ALL.

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As of 08/10/2022 10:15:17 EST     IEX book   CBOE book


Security Information
Category1:  US Equity
Category2:  Exchange traded debt
Category3:  Long-term
GICS sector:  Financials
Industry:  Insurance—Property & Casualty
Index country:  USA
Country of incorporation:  USA
IPO date:  02/11/2013
Outstanding shares:  168,788
Average volume:  12,893
Market cap:   $4,089,733
Current dividend yield:  5.26%    calculation
Initial coupon rate:    5.100%
Spread to LIBOR: 0.031650
Liquidation value:   $25.00
Callable after:   01/15/2023
Maturity date:    01/15/2053
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
Sedol:      B87XV26

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