Aspen share offering raises $400m
Aspen Insurance Holdings has announced that it has closed its previously announced public offering of 17 551 558 ordinary shares at $23.00 per share, raising aggregate net proceeds of approximately $400m.
Aspen said that it expects to use the aggregate net proceeds for general corporate purposes including the provision of additional capital to its Bermudian subsidiary. Lehman Brothers acted as soleOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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