trending Market Intelligence /marketintelligence/en/news-insights/trending/oxfAdprjc_FOWWX6iEBUmw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Aspen Insurance prices noncumulative preference shares offering

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

2018 US Property Casualty Insurance Market Report

Fintech

Fintech Funding Flows To Insurtech In February

Lemonade Growing Premiums Faster Than Esurance's Homeowners Business Did


Aspen Insurance prices noncumulative preference shares offering

Aspen Insurance Holdings Ltd. priced an underwritten public offering of 10 million of its 5.625% perpetual noncumulative preference shares.

The shares have a liquidation preference of $25 per share, or $250 million in aggregate liquidation preference.

The offering is expected to close Aug. 13, subject to the satisfaction of customary closing conditions. Aspen intends to use the net proceeds to redeem all of its outstanding 6.00% senior notes due 2020 and for general corporate purposes.

The offering was led by Wells Fargo Securities LLC, BofA Securities Inc. and Morgan Stanley & Co. LLC as joint book-running managers.