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.”
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