Max Re clarifies share sale
Max Re Capital has announced that it has entered into an agreement to sell 11 000 000 of its common shares in an underwritten public offering at a price to the public of $23.50 per share.
The aggregate price to the public will be $258.5m. The net proceeds to the Company are expected to be approximately $246m, once brokers fees are taken into account. In addition, the Company hasOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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