FedNat misses coupon on senior notes
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FedNat misses coupon on senior notes

FedNat Insurance logo Fort Lauderdale Florida stck.jpg

FedNat has failed to make its coupon payment, due September 15, on its $100mn senior unsecured notes, due 2029.

If the company does not cure the event within 10 days of the missed payment or September 25, an event of default will occur.


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