Odyssey Re 4.375% debentures remain convertible through May 13

By Angela McDaniels

Seattle, Feb. 13 - Odyssey Re Holdings Corp. said its 4.375% convertible senior debentures due 2022 will continue to be convertible from Feb. 14 through May 13.

The debentures will remain convertible because the trading price of the company's common stock exceeded a threshold set in the indenture, according to a company news release.

Odyssey Re Holdings is an insurance company based in Stamford, Conn.

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