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Kemper Corporation Prices $250 Million Senior Notes Offering

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Kemper Corporation (NYSE:KMPR) announced that it has priced a registered offering of $250 million of 4.350% Senior Notes due 2025. Kemper intends to use the net proceeds from this offering, together with other available cash, to redeem, repurchase or otherwise retire at or prior to maturity all of its $250 million outstanding 6.000% Senior Notes due November 30, 2015 (the “2015 Notes”). This press release does not constitute a notice of redemption with respect to the 2015 Notes.

Kemper anticipates that the offering will close on or around Feb. 24, 2015, subject to customary closing conditions.

J.P. Morgan Securities LLC and Wells Fargo Securities, LLC are acting as joint book-running managers for the transaction.

The offering is being made pursuant to an effective shelf registration statement previously filed by Kemper with the Securities and Exchange Commission (the “SEC”) and only by means of a prospectus supplement and accompanying prospectus, copies of which may be obtained from J.P. Morgan Securities LLC at Attention: Investment Grade Syndicate Desk, 383 Madison Avenue, New York 10179 or by calling (collect) 212.834.4533; and Wells Fargo Securities, LLC at Attention: WFS Customer Service, 608 2nd Avenue, South Minneapolis, MN 55402 or by calling toll-free 800.645.3751 or emailing

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor does it constitute an offer, solicitation or sale in any state or other jurisdiction in which such offer, solicitation or sale is unlawful.

About Kemper

Kemper is a diversified insurance holding company with subsidiaries that provide an array of products to the individual and small business markets:

Kemper markets to its customers through a network of independent agents, brokers and career agents.

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