Security Benefit Continues Positive Trajectory With Final Repayment of Rydex-Related Loans
GlobeNewswire |
When SBC acquired Rydex, SBC borrowed approximately
"The elimination of these loans is consistent with the commitment the Guggenheim-led capital partners made when they purchased Security Benefit in 2010," said
As part of the purchase of SBC, the capital partners arranged by Guggenheim infused
"Restoring our financial strength and redefining our strategic vision has facilitated the controlled expansion of our businesses,"
About Security Benefit
Security Benefit is a 121-year-old,
Security Benefit refers to SBC and/or SBL. SBL is directly owned by SBC and issues annuities in all states except
CONTACT: Media Contacts:Lew Phelps ,Sitrick and Company (310) 890-7369 [email protected] Michel' Cole,Security Benefit Corporation (785) 438-3396 [email protected]
Source: Security Benefit
Copyright: | 2013 GlobeNewswire, Inc. |
Wordcount: | 440 |
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