Obbligazione Hartford Financial Group 4% ( US416515AY06 ) in USD

Emittente Hartford Financial Group
Prezzo di mercato 100 USD  ⇌ 
Paese  Stati Uniti
Codice isin  US416515AY06 ( in USD )
Tasso d'interesse 4% per anno ( pagato 2 volte l'anno)
Scadenza 30/03/2015 - Obbligazione è scaduto



Prospetto opuscolo dell'obbligazione Hartford Financial Services US416515AY06 in USD 4%, scaduta


Importo minimo 2 000 USD
Importo totale 300 000 000 USD
Cusip 416515AY0
Standard & Poor's ( S&P ) rating NR
Moody's rating NR
Descrizione dettagliata Hartford Financial Services Group, Inc. è una società di servizi finanziari statunitense che offre una vasta gamma di prodotti assicurativi e servizi di gestione del rischio per individui e aziende.

Il presente articolo fornisce un'analisi dettagliata di un'obbligazione emessa da Hartford Financial Services, identificata dal codice ISIN US416515AY06 e dal CUSIP 416515AY0, un'emissione che ha già completato il suo ciclo di vita finanziario. Hartford Financial Services Group, Inc., comunemente nota come The Hartford, è una rinomata società di holding finanziaria e assicurativa americana con sede a Hartford, Connecticut. Fondata nel 1810, essa rappresenta uno dei più antichi e maggiori fornitori di prodotti assicurativi e servizi finanziari negli Stati Uniti, offrendo una vasta gamma di coperture assicurative per aziende e privati, nonché prodotti di investimento e gestione patrimoniale; la sua consolidata presenza sul mercato e la sua lunga storia le conferiscono una reputazione di solidità e affidabilità nel panorama finanziario globale. Entrando nei dettagli dell'emissione obbligazionaria, lo strumento era denominato in Dollari USA (USD) e prevedeva un tasso di interesse fisso (cedola) del 4%. L'ammontare totale dell'emissione si attestava a 300.000.000 USD, con un taglio minimo di acquisto fissato a 2.000 USD; i pagamenti delle cedole erano strutturati con una frequenza semestrale (due volte all'anno). La scadenza finale di questo strumento era fissata al 30 marzo 2015 e, come indicato, l'obbligazione è giunta regolarmente a maturità in tale data ed è stata rimborsata al 100% del suo valore nominale, un'indicazione della solvibilità dell'emittente al momento del rimborso e della corretta esecuzione dei suoi obblighi finanziari. Per quanto concerne la valutazione del rischio, è importante notare che l'obbligazione non aveva una classificazione di rating da parte delle principali agenzie di valutazione del credito, come Standard & Poor's (S&P) e Moody's, entrambe indicate come 'NR' (Not Rated), suggerendo che lo strumento non era stato oggetto di un'analisi formale da parte di tali agenzie o che l'emittente non aveva richiesto una valutazione specifica per questa particolare emissione.







e424b2
Page 1 of 194
424B2 1 y83350b2e424b2.htm 424B2
http://www.sec.gov/Archives/edgar/data/874766/000095012310026537/y83350b2e424b2.... 9/30/2010


e424b2
Page 2 of 194
Table of Contents
















Proposed Maximum






Aggregate
Amount of
Title of each Class of
Amount to be
Offering
Registration
Securities to be Registered
Registered

Price

Fee(1)

4.00% Senior Notes due March 30, 2015
$ 300,000,000 $
300,000,000 $ 21,390
5.50% Senior Notes due March 30, 2020
$ 500,000,000 $
500,000,000 $ 35,650
6.625% Senior Notes due March 30, 2040
$ 300,000,000 $
300,000,000 $ 21,390















(1) Calculated in accordance with Rule 457(r) under the Securities Act of 1933, as amended.
Filed pursuant to Rule 424b2
Registration No. 333-142044

Prospectus Supplement to Prospectus dated April 11, 2007.

$1,100,000,000


The Hartford Financial Services Group, Inc.
4.00% Senior Notes due March 30, 2015
5.50% Senior Notes due March 30, 2020
6.625% Senior Notes due March 30, 2040




We are offering $300 million aggregate principal amount of our 4.00% senior notes due March 30, 2015
(the "2015 Notes"), $500 million aggregate principal amount of our 5.50% senior notes due March 30, 2020
(the "2020 Notes") and $300 million aggregate principal amount of our 6.625% senior notes due March 30,
2040 (the "2040 Notes," and collectively with the 2015 Notes and the 2020 Notes, the "senior notes"). We
will pay interest on these senior notes semi-annually in arrears on March 30 and September 30 of each year,
beginning on September 30, 2010.

The senior notes may be redeemed at our option, at any time in whole or from time to time in part, as
described in this prospectus supplement under the caption "Description of the Senior Notes -- Optional
Redemption."

The senior notes will be our unsecured senior obligations and will rank equally with all of our other
unsecured and unsubordinated indebtedness from time to time outstanding.













Public offering Underwriting Proceeds, before


price(1)
discount
expenses, to us(1)

Per 2015 Note

99.932 %
0.600 %
99.332 %
Per 2020 Note

99.755 %
0.650 %
99.105 %
Per 2040 Note

99.739 %
0.875 %
98.864 %
Total
$ 1,097,788,000 $ 7,675,000 $ 1,090,113,000



(1) Plus accrued interest, if any, from March 23, 2010, if settlement occurs after that date.


Investing in the senior notes involves substantial risks. You should carefully consider the risks
described under the "Risk Factors" section of this prospectus supplement beginning on page S-1 and
similar sections in our filings with the Securities and Exchange Commission incorporated by reference
herein before buying any of the senior notes offered hereby.



Neither the Securities and Exchange Commission nor any other securities commission or other
regulatory body has approved or disapproved of these securities or passed upon the accuracy or
http://www.sec.gov/Archives/edgar/data/874766/000095012310026537/y83350b2e424b2.... 9/30/2010


e424b2
Page 3 of 194
adequacy of this prospectus supplement or the accompanying prospectus. Any representation to the
contrary is a criminal offense.



The underwriters expect to deliver the senior notes only in book-entry form through the facilities of The
Depository Trust Company for the accounts of its participants, including Euroclear Bank S.A./N.V., as
operator of the Euroclear System, and Clearstream Banking, société anonyme, on or about March 23, 2010.


Joint Book-Running Managers
Goldman, Sachs & Co.
J.P. Morgan
Citi
Credit Suisse Wells Fargo Securities



Co-Managers
Daiwa Securities America
BofA Merrill Lynch

Inc.
Deutsche Bank Securities
Morgan Stanley

Mitsubishi UFJ Securities

UBS Investment Bank


Prospectus Supplement dated March 18, 2010.
http://www.sec.gov/Archives/edgar/data/874766/000095012310026537/y83350b2e424b2.... 9/30/2010


e424b2
Page 4 of 194


TABLE OF CONTENTS





Prospectus Supplement


About This Prospectus Supplement
S-ii
Where You Can Find More Information
S-ii
Information Incorporated by Reference
S-iii
Forward Looking Statements
S-iv
Risk Factors
S-1
The Hartford Financial Services Group, Inc.
S-18
Use of Proceeds
S-19
Capitalization
S-20
Ratio of Earnings to Combined Fixed Charges and Preference Dividends
S-22
Description of the Senior Notes
S-24
Certain United States Federal Income Tax Considerations
S-29
Benefit Plan Investor Considerations
S-31
Underwriting
S-32
Validity of the Senior Notes
S-35
Experts
S-35
Prospectus


About This Prospectus

1
Forward-Looking Statements and Certain Risk Factors

1
The Hartford Financial Services Group, Inc.

2
The Hartford Capital Trusts

3
Use of Proceeds

5
Description of the Debt Securities

5
Description of Junior Subordinated Debentures
18
Description of Capital Stock of The Hartford Financial Services Group, Inc.
30
Description of Depositary Shares
34
Description of Warrants
36
Description of Stock Purchase Contracts and Stock Purchase Units
38
Description of Trust Preferred Securities
38
Description of Guarantee
50
Description of Corresponding Junior Subordinated Debentures
53
Relationship Among the Preferred Securities, the Corresponding Junior Subordinated
Debentures and the Guarantees
55
Plan of Distribution
57
Legal Opinions
59
Experts
59
Where You Can Find More Information
59
Incorporation by Reference
60

We are responsible for the information contained and incorporated by reference in this
prospectus supplement, the accompanying prospectus and in any free writing prospectus with
respect to this offering filed by us with the Securities and Exchange Commission, or the SEC.
We have not authorized anyone to give you any other information, and we take no responsibility
for any other information that others may give you. You should assume that the information
contained and incorporated by reference in this prospectus supplement, the accompanying
prospectus and any free writing prospectus with respect to this offering filed by us with the SEC
is only accurate as of the respective dates of such documents. Our business, financial

S-i
http://www.sec.gov/Archives/edgar/data/874766/000095012310026537/y83350b2e424b2.... 9/30/2010


e424b2
Page 5 of 194
Table of Contents
condition, results of operations and prospects may have changed since those dates. We are
offering to sell, and seeking offers to buy, the senior notes only in jurisdictions where such offers
and sales are permitted.

ABOUT THIS PROSPECTUS SUPPLEMENT

This document is in two parts. The first part is this prospectus supplement, which describes the
specific terms of this offering of the senior notes and also adds to and updates information contained
in the accompanying prospectus and the documents incorporated by reference into this prospectus
supplement and the accompanying prospectus. The second part, the accompanying prospectus, gives
more general information, some of which may not apply to this offering of the senior notes.

If the description of this offering of the senior notes in the accompanying prospectus is different
from the description in this prospectus supplement, you should rely on the information contained in
this prospectus supplement.

You should read this prospectus supplement, the accompanying prospectus, the documents
incorporated by reference into this prospectus supplement and the accompanying prospectus and the
additional information described under "Where You Can Find More Information" and "Information
Incorporated by Reference" in this prospectus supplement before deciding whether to invest in the
senior notes offered by this prospectus supplement.

Unless we have indicated otherwise, or the context otherwise requires, references in this
prospectus supplement and the accompanying prospectus to "The Hartford," "we," "us" and "our" or
similar terms are to The Hartford Financial Services Group, Inc. and not to any of its subsidiaries, and
references in this prospectus supplement to "the Company" are to The Hartford Financial Services
Group, Inc. and its subsidiaries, collectively.

You should not consider any information in this prospectus supplement or the accompanying
prospectus to be investment, legal or tax advice. You should consult your own counsel, accountants
and other advisers for legal, tax, business, financial and related advice regarding the purchase of any
of the senior notes offered by this prospectus supplement.

Currency amounts in this prospectus supplement are stated in U.S. dollars.

WHERE YOU CAN FIND MORE INFORMATION

This prospectus supplement is part of a registration statement that we filed with the SEC. The
registration statement, including the attached exhibits, contains additional relevant information about
us. The rules of the SEC allow us to omit from this prospectus supplement and the accompanying
prospectus some of the information included in the registration statement. This information may be
read and copied at the Public Reference Room of the SEC at 100 F Street, N.E., Washington, D.C.
20549. Please call the SEC at 1-800-SEC-0330 for further information on the operation of these public
reference facilities. The SEC maintains an Internet site, http://www.sec.gov, which contains reports,
proxy and information statements and other information regarding issuers that are subject to the SEC's
reporting requirements.

We are subject to the informational requirements of the Securities Exchange Act of 1934, as
amended, or the Exchange Act. We fulfill our obligations with respect to such requirements by filing
periodic reports and other information with the SEC. These reports and other information are available
as provided above and may also be inspected at the offices of The New York Stock Exchange at
20 Broad Street, New York, New York 10005.

S-ii
http://www.sec.gov/Archives/edgar/data/874766/000095012310026537/y83350b2e424b2.... 9/30/2010


e424b2
Page 6 of 194
Table of Contents

INFORMATION INCORPORATED BY REFERENCE

The rules of the SEC allow us to incorporate by reference information into this prospectus
supplement. The information incorporated by reference is considered to be a part of this prospectus
supplement, and information that we file later with the SEC will automatically update and supersede
this information. This prospectus supplement incorporates by reference the documents listed below:


· our Annual Report on Form 10-K for the year ended December 31, 2009;


· our Definitive Proxy Statement filed on April 13, 2009 (other than information in the Definitive
Proxy Statement that is not specifically incorporated by reference in our Annual Report on Form
10-K for the year ended December 31, 2008);


· our Current Reports on Form 8-K filed on January 7, 2010, February 16, 2010, February 24,
2010, March 9, 2010, March 16, 2010 (Items 1.01 and 8.01), March 17, 2010 and March 18,
2010; and


· all documents filed by us pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act,
after the date of this prospectus supplement and prior to the termination of this offering (other
than information in the documents that is deemed not to be filed and that is not specifically
incorporated by reference in this prospectus supplement).

Any statement made in this prospectus supplement, the accompanying prospectus or in a
document incorporated by reference in this prospectus supplement will be deemed to be modified or
superseded for purposes of this prospectus supplement to the extent that a statement contained in this
prospectus supplement or in any other subsequently filed document that is also incorporated by
reference in this prospectus supplement modifies or supersedes that statement. Any statement so
modified or superseded will not be deemed, except as so modified or superseded, to constitute a part
of this prospectus supplement.

You can obtain any of the filings incorporated by reference in this prospectus supplement through
us or from the SEC through the SEC's Internet site or at the address listed above. We will provide
without charge to each person, including any beneficial owner, to whom a copy of this prospectus
supplement is delivered, upon written or oral request of such person, a copy of any or all of the
documents referred to above which have been or may be incorporated by reference in this prospectus
supplement. You should direct requests for those documents to The Hartford Financial Services
Group, Inc., One Hartford Plaza, Hartford, Connecticut 06155, Attention: Investor Relations
(telephone: (860) 547-5000).

S-iii
http://www.sec.gov/Archives/edgar/data/874766/000095012310026537/y83350b2e424b2.... 9/30/2010


e424b2
Page 7 of 194
Table of Contents

FORWARD-LOOKING STATEMENTS

Certain of the statements contained or incorporated by reference in this prospectus supplement and
the accompanying prospectus are forward-looking statements made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be
identified by words such as "anticipates," "intends," "plans," "seeks," "believes," "estimates,"
"expects," "projects," and similar references to future periods.

Forward-looking statements are based on our current expectations and assumptions regarding
economic, competitive and legislative developments. Because forward-looking statements relate to the
future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult
to predict. They have been made based upon management's expectations and beliefs concerning future
developments and their potential effect upon us. Future developments may not be in line with
management's expectations or have unanticipated effects. Actual results could differ materially from
expectations, depending on the evolution of various factors, including, but not limited to, those set
forth in this prospectus supplement and those set forth in Part I, Item 1A of our Annual Report on
Form 10-K for the year ended December 31, 2009 (as updated from time to time). These important
risks and uncertainties include:


· significant risks and uncertainties related to our current operating environment, which reflects
continued volatility in financial markets, constrained capital and credit markets and uncertainty
about the timing and strength of an economic recovery and the impact of governmental
budgetary and regulatory initiatives and whether management's initiatives to address these risks
will be effective;


· the risk that our actual sources and uses of capital in a stress scenario may vary materially and
adversely from our modeled projected sources and uses of capital that we disclosed in
connection with our planned repurchase of the Series E Fixed Rate Cumulative Preferred Stock,
or the Series E Preferred Stock, whether as a result of one or more assumptions proving to be
materially inaccurate or as a result of the Company's exposure to other risks during stressed
economic conditions that were not taken into account in preparing such modeled projections;


· risks associated with our continued execution of steps to realign our business and reposition our
investment portfolio, including the potential need to adjust our plans to take other restructuring
actions, such as divestitures;


· market risks associated with our business, including changes in interest rates, credit spreads,
equity prices, foreign exchange rates, as well as challenging or deteriorating conditions in key
sectors such as the commercial real estate market, that have pressured our results and are
expected to continue to do so in 2010;


· volatility in our earnings resulting from our recent adjustment of our risk management program
to emphasize protection of statutory surplus;


· the impact on our statutory capital of various factors, including many that are outside our
control, which can in turn affect our credit and financial strength ratings, cost of capital,
regulatory compliance and other aspects of our business and results;


· risks to our business, financial position, prospects and results associated with negative rating
actions or downgrades in our financial strength and credit ratings or negative rating actions or
downgrades relating to our investments;


· the potential for differing interpretations of the methodologies, estimations and assumptions that
underlie the valuation of our financial instruments that could result in changes to investment
valuations;


· the subjective determinations that underlie our evaluation of other-than-temporary impairments
on available-for-sale securities;


· losses due to nonperformance or defaults by others;


· the potential for further acceleration of deferred policy acquisition cost amortization;
http://www.sec.gov/Archives/edgar/data/874766/000095012310026537/y83350b2e424b2.... 9/30/2010


e424b2
Page 8 of 194

S-iv
http://www.sec.gov/Archives/edgar/data/874766/000095012310026537/y83350b2e424b2.... 9/30/2010


e424b2
Page 9 of 194
Table of Contents


· the potential for further impairments of our goodwill or the potential for establishing valuation
allowances against deferred tax assets;


· the possible occurrence of terrorist attacks and our ability to contain our exposure, including the
effect of the absence or insufficiency of applicable terrorism legislation on coverage;


· the difficulty in predicting our potential exposure for asbestos and environmental claims;


· the possibility of a pandemic or other man-made disaster that may adversely affect our
businesses and cost and availability of reinsurance;


· weather and other natural physical events, including the severity and frequency of storms, hail,
snowfall and other winter conditions, natural disasters such as hurricanes and earthquakes, as
well as climate change, including effects on weather patterns, greenhouse gases, sea, land and
air temperatures, sea levels, rain and snow;


· the response of reinsurance companies under reinsurance contracts and the availability, pricing
and adequacy of reinsurance to protect us against losses;


· the possibility of unfavorable loss development;


· actions by our competitors, many of which are larger or have greater financial resources than we
do;


· the restrictions, oversight, costs and other consequences of being a savings and loan holding
company, including from the supervision, regulation and examination by the Office of Thrift
Supervision, or the OTS, and arising from our participation in the Capital Purchase Program, or
the CPP, under the Emergency Economic Stabilization Act of 2008, certain elements of which
will continue to apply to us for so long as the U.S. Department of the Treasury, or the Treasury
Department, holds the warrant or shares of our common stock received on exercise of the
warrant that we issued to the Treasury Department as part of our participation in the CPP, even
after we repurchase the preferred stock issued in connection therewith;


· unfavorable judicial or legislative developments;


· the potential effect of domestic and foreign regulatory developments, including those that could
adversely impact the demand for our products, operating costs and required capital levels,
including changes to statutory reserves and/or risk-based capital requirements related to
secondary guarantees under universal life and variable annuity products;


· our ability to distribute our products through distribution channels, both current and future;


· the uncertain effects of emerging claim and coverage issues;


· the ability of our subsidiaries to pay dividends to us;


· our ability to effectively price our property and casualty policies, including our ability to obtain
regulatory consents to pricing actions or to non-renewal or withdrawal of certain product lines;


· our ability to maintain the availability of our systems and safeguard the security of our data in
the event of a disaster or other unanticipated events;


· the potential for difficulties arising from outsourcing relationships;


· the impact of potential changes in federal or state tax laws, including changes affecting the
availability of the separate account dividend received deduction;


· the impact of potential changes in accounting principles and related financial reporting
requirements;


· our ability to protect our intellectual property and defend against claims of infringement; and


· other factors described in such forward-looking statements.

Any forward-looking statement made by us in this prospectus supplement, the accompanying
prospectus, any document incorporated by reference herein or therein or any free writing
prospectus with respect to this
http://www.sec.gov/Archives/edgar/data/874766/000095012310026537/y83350b2e424b2.... 9/30/2010


e424b2
Page 10 of 194

S-v
http://www.sec.gov/Archives/edgar/data/874766/000095012310026537/y83350b2e424b2.... 9/30/2010