AmTrust Announces Proposed Private Offering of Convertible Debt
AmTrust Financial Services, Inc. (Nasdaq: AFSI) today announced that it plans to offer, subject to market and other conditions, its convertible senior notes due 2021 to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. AmTrust expects to grant the initial purchasers a 30-day option to purchase additional convertible notes in connection with the offering.
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