OREANDA-NEWS. Loews Corporation (NYSE: L) announced today that it has priced a public offering of $500 million aggregate principal amount of 3.75% Senior Notes due 2026. Loews expects the offering to close on March 22, 2016, subject to customary closing conditions.

Loews intends to use the net proceeds from the offering for general corporate purposes.

Loews Corporation is a diversified company with three publicly-traded subsidiaries: CNA Financial Corporation (NYSE: CNA), Diamond Offshore Drilling, Inc. (NYSE: DO) and Boardwalk Pipeline Partners, LP (NYSE: BWP); and one wholly owned subsidiary: Loews Hotels & Resorts.