ASPEN INSURANCE HOLDINGS LIMITED (NYSE:AHL) Files An 8-K Other EventsItem 8.01 Other Events
ASPEN INSURANCE HOLDINGS LIMITED (NYSE:AHL) Files An 8-K Other Events
On May 8, 2017, Aspen Insurance Holdings Limited (“Aspen”) issued a notice of mandatory redemption in connection with all of its issued and outstanding 7.250% Perpetual Non-Cumulative Preference Shares (the “7.250% Preference Shares”). The redemption is to take place on July 1, 2017. The redemption will be conducted to the terms of the certificate of designation, dated April 11, 2012, governing the 7.250% Preference Shares. The redemption price will be $25 per 7.250% Preference Share, representing an aggregate amount of $160,000,000, plus all declared and unpaid dividends to the date of the redemption.
As previously disclosed on April 26, 2017, Aspen’s Board of Directors has in fact declared a dividend of $0.4531 per 7.250% Preference Share. The dividend will be payable on July 1, 2017 to the holders of record of 7.250% Preference Shares as of the close of business on June 15, 2017.
Aspen has instructed Computershare Inc., located at 250 Royall Street, Canton MA 02021, United States of America, as redemption agent (Attention: Constance Adams; Tel: 201 680 5258).
About ASPEN INSURANCE HOLDINGS LIMITED (NYSE:AHL)
Aspen Insurance Holdings Limited (Aspen Holdings) is a holding company. The Company conducts insurance and reinsurance business through its subsidiaries: Aspen U.K. and AUL, Aspen Bermuda (Bermuda) and Aspen Specialty and AAIC (the United States). It operates in two segments: Aspen Insurance and Aspen Reinsurance (Aspen Re). Its insurance segment consists of property and casualty insurance; marine, aviation and energy insurance, and financial and professional lines insurance. Aspen Re consists of property catastrophe reinsurance, other property reinsurance, casualty reinsurance and specialty reinsurance. Its Aspen Re consists of property catastrophe reinsurance, other property reinsurance (risk excess, pro rata and facultative), casualty reinsurance (the United States treaty, international treaty and global facultative) and specialty reinsurance (credit and surety, agriculture, marine, aviation, terrorism, engineering). ASPEN INSURANCE HOLDINGS LIMITED (NYSE:AHL) Recent Trading Information
ASPEN INSURANCE HOLDINGS LIMITED (NYSE:AHL) closed its last trading session down -0.17 at 51.38 with 202,512 shares trading hands.
Aspen Insurance Holdings Limited (Aspen Holdings) is a holding company. The Company conducts insurance and reinsurance business through its subsidiaries: Aspen U.K. and AUL, Aspen Bermuda (Bermuda) and Aspen Specialty and AAIC (the United States). It operates in two segments: Aspen Insurance and Aspen Reinsurance (Aspen Re). Its insurance segment consists of property and casualty insurance; marine, aviation and energy insurance, and financial and professional lines insurance. Aspen Re consists of property catastrophe reinsurance, other property reinsurance, casualty reinsurance and specialty reinsurance. Its Aspen Re consists of property catastrophe reinsurance, other property reinsurance (risk excess, pro rata and facultative), casualty reinsurance (the United States treaty, international treaty and global facultative) and specialty reinsurance (credit and surety, agriculture, marine, aviation, terrorism, engineering). ASPEN INSURANCE HOLDINGS LIMITED (NYSE:AHL) Recent Trading Information
ASPEN INSURANCE HOLDINGS LIMITED (NYSE:AHL) closed its last trading session down -0.17 at 51.38 with 202,512 shares trading hands.