From Earlier: Aspen Prices Public Offering of $150M of Perpetual Non-Cumulative Preference Shares
Aspen Insurance Holdings Limited (NYSE: AHL) has priced an underwritten public offering of 6,000,000 shares of 7.25% of Perpetual Non-Cumulative Preference Shares.
The Preference Shares have a liquidation preference of $25 per share (or $150,000,000 in aggregate liquidation preference). The underwriters have the option to purchase from Aspen up to an additional 900,000 Preference Shares (or $22,500,000 in aggregate liquidation preference).
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.