Obligation Hartford Financial Group 5.95% ( US416515AS38 ) en USD

Hartford Financial Group

105.673 % ▼

Etas-Unis

US416515AS38 ( en USD )

5.95% par an ( paiement semestriel )

15/10/2036

Prospectus brochure de l'obligation Hartford Financial Services US416515AS38 en USD 5.95%, échéance 15/10/2036

2 000 USD

300 000 000 USD

416515AS3

A- ( Qualité moyenne supérieure )

A3 ( Qualité moyenne supérieure )

15/04/2026 ( Dans 11 jours )

Hartford Financial Services Group, Inc. est une société américaine de services financiers offrant une gamme de produits d'assurance et de gestion d'actifs, axée principalement sur l'assurance dommages, l'assurance vie et la gestion des risques pour les particuliers et les entreprises.

**Analyse Détaillée d'une Obligation Émise par Hartford Financial Services** Cette analyse porte sur une obligation émise par Hartford Financial Services, une entité financière majeure basée aux États-Unis, reconnue pour ses services diversifiés dans l'assurance, les rentes et les fonds communs de placement, ce qui confère une solide assise à ses émissions de dette. L'instrument en question est une obligation de type corporatif, identifiée par le code ISIN US416515AS38 et le code CUSIP 416515AS3, et son émission a eu lieu aux États-Unis. Cette obligation offre un taux d'intérêt fixe de 5.95% sur sa valeur nominale, avec une fréquence de paiement semi-annuelle (deux fois par an), et est libellée en dollars américains (USD). La maturité de ce titre est fixée au 15 octobre 2036, la classant comme un investissement à long terme. La taille totale de l'émission s'élève à 300 000 000 USD, avec une taille minimale d'achat de 2 000 USD, rendant l'accès possible pour divers types d'investisseurs. Actuellement, l'obligation se négocie sur le marché à 102.99% de sa valeur nominale, ce qui indique qu'elle se vend avec une prime. La qualité de crédit de l'émetteur est évaluée par les principales agences de notation : Standard & Poor's lui attribue une note de BBB+, tandis que Moody's lui confère une note de Baa1. Ces deux notations se situent dans la catégorie "Investment Grade", suggérant un risque de crédit modéré et une capacité avérée de l'émetteur à honorer ses engagements financiers.

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Table of Contents
Filed Pursuant to Rule 424(b)(5)
Registration No. 333-108067
Prospectus Supplement
September 28, 2006
(To Prospectus dated December 3, 2003)
$1,000,000,000
[THE HARTFORD LOGO]
The Hartford Financial Services Group, Inc.
$400,000,000 5.25% Senior Notes due 2011
$300,000,000 5.50% Senior Notes due 2016
$300,000,000 5.95% Senior Notes due 2036

We are offering $400,000,000 aggregate principal amount of our 5.25% senior notes due October 15, 2011,
$300,000,000 aggregate principal amount of our 5.50% senior notes due October 15, 2016 and
$300,000,000 aggregate principal amount of our 5.95% senior notes due October 15, 2036. We will pay interest on
these notes semi-annually in arrears on April 15 and October 15 of each year, beginning on April 15, 2007.
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 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.

Per

Per

Per

2011 Note
Total
2016 Note
Total
2036 Note
Total

Public offering price

(1)

99.893%
$399,572,000

99.814%
$299,442,000

99.360%
$298,080,000
Underwriting

discounts

0.600%
$
2,400,000

0.650%
$
1,950,000

0.875%
$
2,625,000
Proceeds, before
expenses, to

The Hartford(1)

99.293%
$397,172,000

99.164%
$297,492,000

98.485%
$295,455,000

(1) Plus accrued interest, if any, from October 3, 2006, if settlement occurs after that date.
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 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 October 3, 2006.

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Joint Book-Running Managers
Banc of America Securities LLC

Merrill Lynch & Co.

Wachovia Securities

Co-Managers for the Notes
BB&T Capital Markets

RBS Greenwich Capital

SunTrust Robinson Humphrey

Wells Fargo Securities
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TABLE OF CONTENTS
Prospectus Supplement

Page

About This Prospectus Supplement

S-1
Forward-Looking Statements

S-2
The Hartford Financial Services Group, Inc.

S-3
Recent Developments

S-4
Use of Proceeds

S-5
Capitalization

S-6
Ratio of Earnings to Total Fixed Charges

S-8
Selected Financial Information

S-9
Description of the Notes

S-11
Certain United States Federal Income Tax Considerations

S-16
Underwriting

S-18
ERISA Considerations

S-22
Validity of the Notes

S-23
Experts

S-23
Where You Can Find More Information

S-23
Incorporation by Reference

S-23
Prospectus
About this Prospectus

i
Forward-Looking Statements

ii
The Hartford Financial Services Group, Inc.

1
The Hartford Capital Trusts

1
Use of Proceeds

3
Ratios of Consolidated Earnings to Total Fixed Charges and Consolidated Earnings to Total Fixed

Charges and Preference Dividends

3
Description of the Debt Securities

3
Description of Junior Subordinated Debentures

15
Description of Capital Stock of The Hartford Financial Services Group, Inc.

26
Description of Depositary Shares

33
Description of Warrants

35
Description of Stock Purchase Contracts and Stock Purchase Units

37
Description of Preferred Securities

38
Description of Guarantee

49
Description of Corresponding Junior Subordinated Debentures

51
Relationship Among the Preferred Securities, the Corresponding Junior Subordinated Debentures and

the Guarantees

53
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Plan of Distribution

54
Legal Opinions

56
Experts

56
Where You Can Find More Information

56
Incorporation by Reference

56
i
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You should rely only on information contained in this prospectus supplement, the accompanying
prospectus, any free writing prospectus with respect to the offerings filed by us with the Securities and
Exchange Commission or information to which we have referred you. We have not, and the underwriters have
not, authorized anyone to provide you with information that is different. If anyone provides you with different
or inconsistent information, you should not rely on it. You should assume that the information in this
prospectus supplement, the accompanying prospectus and any free writing prospectus with respect to the
offerings filed by us with the Securities and Exchange Commission and the documents incorporated by
reference herein and therein is only accurate as of their respective dates. Our business, financial condition,
results of operations and prospects may have changed since those dates.
We are offering to sell, and are seeking offers to buy, the senior notes (the "senior notes" or the "notes")
only in jurisdictions where offers and sales are permitted. The distribution of this prospectus supplement and
the accompanying prospectus and the offering of the senior notes in certain jurisdictions may be restricted by
law. Persons outside the United States who come into possession of this prospectus supplement and the
accompanying prospectus must inform themselves about and observe any restrictions relating to the offering
of the senior notes and the distribution of this prospectus supplement and the accompanying prospectus
outside the United States. This prospectus supplement and the accompanying prospectus do not constitute,
and may not be used in connection with, an offer to sell, or a solicitation of an offer to buy, any senior notes
offered by this prospectus supplement and the accompanying prospectus by any person in any jurisdiction in
which it is unlawful for such person to make such an offer or solicitation.
ABOUT THIS PROSPECTUS SUPPLEMENT
This document is in two parts. The first part is this prospectus supplement, which describes the specific terms of
the notes offerings 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 the offerings.
If the description of the offerings varies between this prospectus supplement and the accompanying prospectus,
you should rely on the information contained in 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 its subsidiaries.
S-1
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FORWARD-LOOKING STATEMENTS
Some of the statements contained or incorporated by reference in this prospectus supplement and the
accompanying prospectus are forward-looking statements. These forward-looking statements are made pursuant to
the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and include estimates and
assumptions related to economic, competitive and legislative developments. These forward-looking statements are
subject to change and uncertainty which are, in many instances, beyond our control and have been made based upon
management's expectations and beliefs concerning future developments and their potential effect upon us. There can
be no assurance that future developments will be in accordance with management's expectations or that the effect of
future developments on us will be those anticipated by management. Actual results could differ materially from those
we expect, depending on the outcome of various factors, including, but not limited to, those set forth in Part II,
Item 1A of our Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2006 (as updated from time to
time). These factors include:

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

· the possible occurrence of terrorist attacks;

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

· changes in the stock markets, interest rates or other financial markets, including the potential effect on our
statutory capital levels;

· the inability to effectively mitigate the impact of equity market volatility on our financial position and results
of operations arising from obligations under annuity product guarantees;

· our potential exposure arising out of regulatory proceedings or private claims relating to incentive
compensation or payments made to brokers or other producers and alleged anti-competitive conduct;

· the uncertain effect on us of regulatory and market-driven changes in practices relating to the payment of
incentive compensation to brokers and other producers, including changes that have been announced and those
which may occur in the future;

· the possibility of more unfavorable loss development;

· the incidence and severity of catastrophes, both natural and man-made;

· stronger than anticipated competitive activity;

· unfavorable judicial or legislative developments;

· the potential effect of domestic and foreign regulatory developments, including those which could increase our
business costs and required capital levels;

· the possibility of general economic and business conditions that are less favorable than anticipated;

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

· the uncertain effects of emerging claim and coverage issues;

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· a downgrade in our financial strength or credit ratings;

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

· our ability to adequately price our property and casualty policies;

· our ability to recover our systems and information in the event of a disaster or other unanticipated event; and

· other factors described in such forward-looking statements.
We undertake no obligation to update our forward-looking statements for any reason, whether as a result of new
information, future events or otherwise.
S-2
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THE HARTFORD FINANCIAL SERVICES GROUP, INC.
The Hartford is a diversified insurance and financial services holding company. We are among the largest
providers of investment products, individual life, group life and disability insurance products, and property and
casualty insurance products in the United States. Hartford Fire Insurance Company, or Hartford Fire, founded in
1810, is the oldest of our subsidiaries. Our companies write insurance and reinsurance in the United States and
internationally. At June 30, 2006, our total assets were $294.9 billion and our total stockholders' equity was
$15.4 billion.
We were formed in December 1985 as a wholly-owned subsidiary of ITT Corporation. On December 19, 1995,
all our outstanding shares were distributed to ITT Corporation's stockholders and we became an independent
company. On May 2, 1997, we changed our name from ITT Hartford Group, Inc. to our current name, The Hartford
Financial Services Group, Inc.
As a holding company that is separate and distinct from our insurance subsidiaries, we have no significant
business operations of our own. Therefore, we rely on dividends from our insurance company and other subsidiaries
as the principal source of cash flow to meet our obligations. These obligations include payments on our debt
securities and the payment of dividends on our capital stock. The Connecticut insurance holding company laws limit
the payment of dividends by Connecticut-domiciled insurers. In addition, these laws require notice to and approval
by the state insurance commissioner for the declaration or payment by those subsidiaries of any dividend if the
dividend and other dividends or distributions made within the preceding twelve months exceeds the greater of:

· 10% of the insurer's policyholder surplus as of December 31 of the preceding year, and

· net income, or net gain from operations if the subsidiary is a life insurance company, for the previous calendar
year, in each case determined under statutory insurance accounting principles.
In addition, if any dividend of a Connecticut-domiciled insurer exceeds the insurer's earned surplus, it requires the
prior approval of the Connecticut Insurance Commissioner.
The insurance holding company laws of the other jurisdictions in which our insurance subsidiaries are
incorporated, or deemed commercially domiciled, generally contain similar, and in some instances more restrictive,
limitations on the payment of dividends. Our insurance subsidiaries are permitted in 2006 to pay up to a maximum of
approximately $1.9 billion in dividends in the aggregate to The Hartford and our subsidiary, Hartford Life, Inc.
("HLI"), without prior approval from the applicable insurance commissioner. Through September 27, 2006, The
Hartford and HLI received a combined total of $583 million in dividends from their insurance subsidiaries.
Our rights to participate in any distribution of assets of any of our subsidiaries, for example, upon their
liquidation or reorganization, and the ability of holders of the senior notes to benefit indirectly from a distribution,
are subject to the prior claims of creditors of the applicable subsidiary, except to the extent that we may be a creditor
of that subsidiary. Claims on these subsidiaries by persons other than us include, as of June 30, 2006, claims by
policyholders for benefits payable amounting to $103.0 billion, claims by separate account holders of $156.5 billion,
and other liabilities including claims of trade creditors, claims from guaranty associations and claims from holders of
debt obligations amounting to $16.1 billion.
Our principal executive offices are located at Hartford Plaza, Hartford, Connecticut 06115, and our telephone
number is (860) 547-5000.
S-3
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