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AmTrust Financial to settle conversions of notes due 2021 in cash
By Wendy Van Sickle
Columbus, Ohio, Oct. 23 – AmTrust Financial Services, Inc. has elected to settle conversions of its 5.5% convertible senior notes due 2021 entirely in cash, the company said in a press release.
The decision affects any conversion of the notes on or after Oct. 19.
AmTrust is a New York-based insurance company.
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