RenRe completes share offering
Renaissance Re has announced that it has completed its $250m perpetual preferred stock offering.
The Bermuda-based company said that it had sold the shares at a price of $25 per share and that the net proceeds had totalled $242m, which will be used for general corporate purposes. Citigroup GlobalOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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