NYMAGIC, INC. announced the pricing of its offering of $100 million aggregate principal amount of 6.50 percent Senior Notes due 2014.
“The aggregate principal amount of the notes offered was increased from the previously announced amount of $75,000,000,” said the bulletin. “The offering will be made to certain initial purchasers pursuant to a private placement.”
The announcement also noted that the “initial purchasers have informed NYMAGIC that they will sell or offer the notes within the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933 (the “Securities Act”) and to persons outside the United States in compliance with Regulation S under the Securities Act.”
Was this article valuable?
Here are more articles you may enjoy.
AIG’s Zaffino: Outcomes From AI Use Went From ‘Aspirational’ to ‘Beyond Expectations’ 
Allstate CEO Wilson Takes on Affordability Issue During Earnings Call 
Portugal Deadly Floods Force Evacuations, Collapse Main Highway 
Florida Insurance Costs 14.5% Lower Than Without Reforms, Report Finds 
