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Published on 11/14/2005 in the Prospect News Convertibles Daily.

Navigators Group files $250 million shelf

By Ted A. Knutson

Washington, Nov. 14 - The Navigators Group, Inc. filed a $250 million shelf in an S-3 registration with the Securities and Exchange Commission. The shelf includes $119 million of previously registered but unsold securities.

The shelf includes common and preferred stock, depositary shares, debt securities and warrants. Securities may be issued in the form of convertibles.

The New York-based insurance company said offerings authorized by the shelf would be used for general corporate purposes.


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