Arch Capital holds investor calls for two-tranche offering of dollar-denominated senior notes

By Cristal Cody

Tupelo, Miss., June 22 – Arch Capital Group Ltd. held fixed income investor calls on Monday for a two-tranche offering of dollar-denominated senior notes (Baa1/A-/BBB+), according to a market source and a 424B2 with the Securities and Exchange Commission.

The company plans to price 10-year and 30-year notes.

Wells Fargo Securities LLC, BofA Securities Inc., Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC and Lloyds Securities Inc. are the bookrunners.

Proceeds will be used for general corporate purposes.

Arch is a Pembroke, Bermuda-based provider of insurance and reinsurance.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.