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Published on 5/14/2013 in the Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

Everest RE Capital to redeem all of its 6.2% trust preferreds in May

By Tali David

Minneapolis, May 14 - Everest RE Capital Trust II called all of its 6.2% trust preferred securities, according to a notice.

The debentures will be redeemed at $25 per share plus accrued dividends on May 24.

Everest RE Capital Trust II operates as a subsidiary of Everest Reinsurance Holdings, Inc. It is based in Liberty Corner, N.J.


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