AmTrust Financial Services Inc | 7.625% Non-Cumulative Preferred Stock, Series C (AFSIC)
Prospectus excerpt: We are offering 3,200,000 depositary shares, each of which represents a 1/40th interest in a share of our 7.625% Non-Cumulative Preferred Stock, Series C, $0.01 par value per share, $1,000 liquidation preference per share (equivalent to $25 per depositary share) (the ÙSeries C Preferred Stockˆ). The depositary shares are evidenced by depository receipts. Each depositary share entitles the holder, through the depositary, to a proportional fractional interest in all rights and preferences of the Series C Preferred Stock represented thereby (including any dividend, liquidation, redemption and voting rights).
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AmTrust Financial Services, through its subsidiaries, underwrites and provides property and casualty insurance products to several customer groups that are underserved within the insurance market. Co. operating segments are: Small Commercial Business, which provides workers' compensation insurance; Specialty Risk and Extended Warranty, which provides custom designed coverages, such as accidental damage plans, mechanical breakdown protection and payment protection plans; and Specialty Program, which provides workers' compensation, general liability, commercial auto liability, property coverage, excess and surplus lines programs and other specialty commercial property and casualty insurance. Preferreds: AFSIA, AFSIB, AFSIC, AFSIP, AFSIM, AFSIN Open the AFSI Information Page » |
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