AmTrust Announces Pricing of Private Offering of $175.0 Million Principal Amount of Convertible Senior Notes

AmTrust Financial Services, Inc. AFSI today announced that it has agreed to sell $175.0 million aggregate principal amount of its 5.50% convertible senior notes due 2021 to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. AmTrust has granted the initial purchasers a 30-day option to purchase up to an additional $25.0 million aggregate principal amount of its convertible notes. The offering is expected to close on December 21, 2011, subject to customary closing conditions.