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Published on 2/4/2005 in the Prospect News Convertibles Daily.

Aspen Insurance files $500 million shelf

By Ted A. Knutson

Washington, Feb. 4 - Aspen Insurance Holdings Ltd. filed a $500 million shelf in an F-3 registration with the Securities and Exchange Commission.

Included within the shelf are ordinary shares, preference shares, depositary shares, senior or subordinated debt securities, warrants, purchase contracts and purchase units.

The Hamilton, Bermuda-based property and casualty reinsurer said proceeds from offerings authorized by the shelf will be used for working capital, capital expenditures, acquisitions and other general corporate purposes.


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