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Arch Capital Group Ltd. - Depositary Shares Each Representing 1/1,000th Interest in a Share of5.45% Non-Cumulative Preferred Shares, Series F (OQ:ACGLO)

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Company News

Dec 01, 2017 16:14 ET
Arch Capital Group Ltd. Announces Closing of Public Offering of 4,000,000 Depositary Shares Representing Series F Preferred Shares and Redemption of Outstanding 6.75% Series C Non-Cumulative Preferred
Arch Capital Group Ltd. [NASDAQ:ACGL] announced today that it has closed its previously announced underwritten public offering of 4,000,000 Depositary Shares, each of which represents a 1/1,000th interest in a 5.45% Non-Cumulative Preferred Share, Series F, of ACGL (the Series F Preferred Shares). This offering is an additional issuance of its Series F Preferred Shares originally issued in August of 2017. The additional Depositary Shares have been listed on NASDAQ, under the existing symbol “ACGLO.”
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