 |
Quotes delayed 20 minutes
|
|
|
 Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Sunday, May 19, 4:50 AM
Slide #2. AXIS Capital Holdings Limited — Preferred Stock Offering
| Company: |
AXIS Capital Holdings Limited (NYSE:AXS) |
| Date announced: |
5/13/2013 |
| Security type: |
Series D Preferred Shares (AXS.PRD) |
| Shares Offered: |
8,000,000 |
| Date of Pricing: |
5/13/2013 |
| Price Per Share: |
$25.00 |
| Preferred Stock Offering Details: |
AXIS Capital Holdings Limited announced that it has priced an offering of 8 million shares of 5.50% Series D Preferred Shares, par value $0.0125 per share and a liquidation preference of $25.00 per share (or $200 million in aggregate liquidation preference). AXIS Capital has also granted the underwriters a 30-day option to purchase up to 1.2 million additional Series D Preferred Shares solely to cover over-allotments, if any. The offering was made pursuant to an effective shelf registration statement and is expected to close on May 20, 2013, subject to customary closing conditions. |
AXIS Capital Holdings is a holding company. Through its subsidiaries, Co. is engaged in providing a range of (re)insurance in Bermuda, the U.S., Canada, Europe, Australia and Singapore. Co. operates in two reportable segments: insurance, which provides insurance products that include property, marine, terrorism, aviation, credit and political risk, professional lines, liability, and accident and health to a variety of markets; and reinsurance, which provides products that include catastrophe, property, professional lines, credit and bond, motor, liability, engineering and other. Preferreds: AXS.PRA, AXS.PRC
 Open the AXS Page at Preferred Stock Channel »
Open the AXS.PRD Page at Preferred Stock Channel for More Information About this Preferred »
| Name: |
Axis Capital Holdings Ltd |
| Website: |
www.axiscapital.com |
| Sector: |
Insurance Brokers |
| Number of ETFs Holding AXS: |
47 (see which ones) |
| Total Market Value Held by ETFs: |
$106,839,655 |
| Total Market Capitalization: |
$5,501,000,000 |
| % of Market Cap. Held by ETFs: |
1.94% |
|
|
|
