Berkley (WR) Corp | 6.750% Trust Originated Preferred Securities (WRB.PRA)
This preferred is marked as having been called.
Prospectus excerpt: The trust may redeem some or all of the trust preferred securities on or after July 26, 2010 or all of the trust preferred securities at any time upon the occurrence of a special event as discussed herein at a redemption price equal to $25 per trust preferred security plus accumulated distributions, if any. For each trust preferred security that you own, you will receive cumulative cash distributions, accumulating from July 26, 2005 at an annual rate of 6.750% of the liquidation amount of $25 per trust preferred security, on January 30, April 30, July 30 and October 30 of each year beginning October 30, 2005.
Full Prospectus PDF », Secondary Prospectus PDF », WRB Page »
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W. R. Berkley is an insurance holding company. Co. operates in two segments of the property casualty insurance business: Insurance, which includes commercial insurance business, including excess and surplus lines, admitted lines and specialty personal lines throughout the U.S., as well as insurance business in the U.K., Continental Europe, South America, Canada, Mexico, Scandinavia, Asia and Australia; and Reinsurance and Monoline Excess, which provides reinsurance business on a facultative and treaty basis, primarily in the U.S., the U.K., Continental Europe, Australia, the Asia-Pacific region and South Africa. Preferreds: WRB.PRA, WRB.PRB, WRB.PRC, WRB.PRD, WRB.PRE Open the WRB Information Page » |
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