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W. R. Berkley completes debenture offering

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W. R. Berkley completes debenture offering

W. R. Berkley Corp. has closed a public offering of $175 million of 5.70% subordinated debentures due 2058.

The underwriters have an option to purchase up to an additional $26.3 million aggregate principal amount of the securities solely to cover any overallotments.