Lincoln National to Issue $500M in 6.8% Subordinated Notes Due 2056
Reported by Reuters
Sentiment
Neutral
Importance
7
Price
$36.31
Mkt Cap
$6.928B
52W Low
$32.18
52W High
$46.82
Market data snapshot near publication time
Summary
Lincoln National has filed a final term sheet for an offering of $500 million in 6.800% fixed-to-fixed reset subordinated notes due 2056. This capital raise follows the company's Q1 2026 GAAP net loss and a reported decline in equity due to unrealized losses. The offering provides significant long-term capital but adds to the company's debt burden with a specific cost of 6.8% for subordinated debt.
At the time of this announcement, LNC was trading at $36.31 on NYSE in the Finance sector, with a market capitalization of approximately $6.9B. The 52-week trading range was $32.18 to $46.82. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Reuters.
Price Chart
LNC - Latest Insights
LNC
Jun 24, 2026, 6:33 PM EDT
Price at Filing:
$36.31
Real-time Price:
$36.31
Change:
$0 (0%)
Market Cap:
$6.928B
LNC
Jun 24, 2026, 4:42 PM EDT
Price at Filing:
$36.60
Real-time Price:
$36.31
Change:
-$0.290 (-0.79%)
Market Cap:
$6.928B
LNC
Jun 08, 2026, 4:20 PM EDT
Price at Filing:
$35.05
Real-time Price:
$36.31
Change:
+$1.26 (+4%)
Market Cap:
$6.928B
LNC
May 18, 2026, 11:06 AM EDT
Price at Filing:
$35.07
Real-time Price:
$36.31
Change:
+$1.25 (+4%)
Market Cap:
$6.928B
LNC
May 07, 2026, 4:23 PM EDT
Price at Filing:
$36.00
Real-time Price:
$36.31
Change:
+$0.310 (+0.86%)
Market Cap:
$6.928B
LNC
May 07, 2026, 6:02 AM EDT
Price at Filing:
$38.40
Real-time Price:
$36.31
Change:
-$2.09 (-5%)
Market Cap:
$6.928B
LNC
May 07, 2026, 6:00 AM EDT
Price at Filing:
$38.40
Real-time Price:
$36.31
Change:
-$2.09 (-5%)
Market Cap:
$6.928B
LNC
Apr 20, 2026, 3:46 PM EDT
Price at Filing:
$37.06
Real-time Price:
$36.31
Change:
-$0.750 (-2%)
Market Cap:
$6.928B
LNC
Apr 20, 2026, 2:48 PM EDT
Price at Filing:
$37.07
Real-time Price:
$36.31
Change:
-$0.760 (-2%)
Market Cap:
$6.928B
LNC
Apr 16, 2026, 8:11 AM EDT
Price at Filing:
$35.50
Real-time Price:
$36.31
Change:
+$0.810 (+2%)
Market Cap:
$6.928B