PartnerRe files automatic shelf for debt, preferreds, stock, units

By Devika Patel

Knoxville, Tenn., April 13 - PartnerRe Ltd. filed an automatic shelf registration in an S-3-ASR filing with the Securities and Exchange Commission.

The registration covers common shares, preferred shares, depositary shares, debt securities, warrants, share purchase contracts, share purchase units and units, along with debt securities and preferred securities to be offered by the company's subsidiaries but guaranteed by the parent.

Securities may be structured as convertibles.

Proceeds will be used to purchase junior subordinated debt securities of the subsidiaries and for working capital, capital expenditures, acquisitions or other general corporate purposes.

PartnerRe is a reinsurer based in Pembroke, Bermuda.

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