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Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item
Published on 8/30/2021 in the Prospect News Investment Grade Daily, Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

Arch Capital announces early redemption of 5.25% series E preferreds

Chicago, Aug. 30 – Arch Capital Group Ltd. announced the early redemption of all 18,000 of its 5.25% series E non-cumulative preferred shares (Nasdaq: ACGLP) on Sept. 30, according to a press release.

The preferreds will be redeemed at par, or $25.00 per depositary share, plus interest of $0.328125 per share which will be paid on the redemption date.

The redemption agent is American Stock Transfer & Trust Co. LLC.

Arch Capital is an insurance, reinsurance and mortgage insurance provider based in Hamilton, Bermuda.


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