Here are the 424B prospectus supplements from Loews Corporation (L) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow L and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full L filings page.
Loews Corporation is offering $500,000,000 aggregate principal amount of 4.940% senior notes due April 1, 2036. The notes are unsecured, unsubordinated obligations ranking equally with Loews’ other unsubordinated debt but structurally junior to approximately $64.7 billion of liabilities at its subsidiaries as of December 31, 2025.
The notes are priced at 99.920% of principal, with a 0.650% underwriting discount, generating about $496.4 million in net proceeds. Interest accrues from February 18, 2026 and is payable semi‑annually on April 1 and October 1, beginning October 1, 2026.
Loews intends to use the proceeds for general corporate purposes, including redeeming or repaying $500 million of 3.75% senior notes due 2026. The new notes are callable at a make‑whole price before January 1, 2036 and at par plus accrued interest on or after that date, and will be issued in book‑entry form through DTC and its affiliates. The notes will not be listed on any securities exchange.
Loews Corporation plans to issue a new series of unsecured, unsubordinated senior notes under its existing shelf registration. The notes will pay fixed interest semi-annually and include an optional redemption feature with a make-whole call before a specified par call date and redemption at 100% of principal thereafter.
The notes will be structurally subordinated to obligations of subsidiaries, which had $64.7 billion of liabilities, including $7.2 billion of long-term debt, as of December 31, 2025. Loews intends to use the net proceeds for general corporate purposes, including to redeem or repay $500 million of its 3.75% Senior Notes due April 1, 2026. The new notes will be issued in book-entry form through DTC and will not be listed on a securities exchange.
Key risks highlighted include the holding-company structure, dependence on subsidiary distributions, regulatory and contractual limits on upstreaming cash, and the absence of covenants restricting additional indebtedness or requiring a repurchase upon a change of control.