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AXIS files $1.5 billion shelf
New York, Oct. 3 - AXIS Capital Holdings Ltd. registered to sell up to $1.5 billion of securities in an S-3 filing with the Securities and Exchange Commission.
Covered by the registration are common shares, preference shares, depositary shares, debt securities, warrants, stock purchase contracts, stock purchase units and trust preferreds. Securities may be issued as convertibles.
The Pembroke, Bermuda-based provider of specialty lines insurance and treaty reinsurance will use proceeds for general corporate purposes.
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