Validus IPO priced at $22 a share
Bermudian reinsurer Validus Holdings has announced the pricing of its initial public offering of 15,244,888 common shares at $22.00 per common share.
The shares will be listed on the New York Stock Exchange and will trade under the symbol “VR” beginning today (July 25).
Validus said the offering proceeds will be used to repay interim financing for
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