American Financial Group files automatic shelf

New York, March 27 - American Financial Group, Inc. registered an automatic shelf in an S-3 filing with the Securities and Exchange Commission.

Covered by the document are debt securities, common stock, preferred stock, warrants, depositary shares, stock purchase contracts, stock purchase units, units and trust preferred securities. Offerings may be structured as convertibles.

Although it has no fixed size, the shelf includes $378.6 million of previously registered but unsold securities.

American Financial Group, a Cincinnati-based property and casualty insurer, will use proceeds from securities sold off the shelf for general corporate purposes, which may include investment in its insurance businesses and the repayment of debt.

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