The Bermuda-based Catlin Group Limited said that under the terms of a 2 for 5 Rights Issue, announced on February 12, 2009, valid acceptances have been received in respect of 98.68 percent of the total number of New Common Shares offered to shareholders.
The Rights Issue was fully underwritten by J.P. Morgan Securities Ltd. on behalf of J.P. Morgan Cazenove and UBS Limited.
Source: Catlin group – www.catlin.com
Was this article valuable?
Here are more articles you may enjoy.
Stryker Remains Offline After Cyberattack Linked to Iran Group 
Florida Bills Would Open Door to More Housing in the Everglades, Brownfields 
Georgia Teacher Killed When Toilet Paper Prank by Students Goes Wrong 
Former Oklahoma Farmers Agent Accused of Sharing Confidential Data in Lawsuit 
