Aspen Insurance to price senior notes due 2023

By Aleesia Forni

Virginia Beach, Nov. 5 - Aspen Insurance Holdings Ltd. is planning to price an offering of senior notes due 2023, according to a 424B2 filed with the Securities and Exchange Commission on Tuesday.

Barclays, Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and HSBC Securities (USA) Inc. are the joint bookrunners.

Proceeds will be used to pay the redemption price on the company's 6% senior notes due Aug. 15, 2014. Any remaining net proceeds may be used for general corporate purposes.

The holding company for insurance and reinsurance subsidiaries is based in Bermuda.

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