OMAHA, Neb.–(BUSINESS WIRE)–Omaha National Group, Inc. (“Omaha National”), a leading tech-enabled provider of workers’ compensation insurance, today announced a $20 million unsecured senior debt financing facilitated by Cohen & Co., a financial services company specializing in fixed income markets. The notes carry a fixed rate of 6.8% with a 10-year term.
“Omaha National is strengthening its balance sheet through this financing, which will allow us to better serve clients as a full-stack carrier and facilitate financial strength ratings,” said Bryan Connolly, Chief Financial Officer of Omaha National.