XL GROUP LTD (NYSE:XL) Files An 8-K Other Events
Item 8.01. Other Events
On June 7, 2017, XL Group Ltd (the Company) announced that XLIT
Ltd., a direct, wholly-owned subsidiary of the Company
(XL-Cayman), has commenced tender offers to purchase for cash up
to an aggregate maximum repurchase amount of $550,000,000 the
Series D Preference Ordinary Shares of XL-Cayman, Series E
Preference Ordinary Shares of XL-Cayman, Non-Cumulative
Preference Preferred Shares of Catlin Insurance Company Ltd., and
5.500% Subordinated Notes of XL-Cayman due 2025 (collectively,
the Securities), plus accrued and unpaid dividends or interest,
as applicable. The tender offers are being made exclusively to an
offer to purchase dated June 7, 2017, which sets forth the terms
and conditions of the tender offers.
Furnished as Exhibit 99.1 and incorporated herein by reference is
a copy of the press release issued by the Company on June 7, 2017
announcing the tender offers.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
Exhibit Number | Description | |
99.1 | Press Release, dated June 7, 2017 |