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Published on 10/21/2005 in the Prospect News Convertibles Daily.

Platinum Underwriters files $750 million shelf

New York, Oct. 21 - Platinum Underwriters Holdings, Ltd. registered to sell up to $750 million of securities in an S-3 shelf filing with the Securities and Exchange Commission.

Covered by the shelf are common shares, preferred shares, depositary shares, debt securities, warrants, purchase contracts and purchase units. Securities may be issued as convertibles.

The Pembroke, Bermuda-based reinsurer will use proceeds for general corporate purposes.


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