Arch Capital calls all of its 8% series A, 7.875% series B preferreds

By Tali David

Minneapolis, April 2 - Arch Capital Group Ltd. plans to redeem all $200 million of its 8% series A non-cumulative preferred shares and $125 million of its 7.875% series B non-cumulative preferred shares, according to a press release.

The shares will be redeemed at $25 per share plus dividends on May 1.

Arch Capital, a Hamilton, Bermuda, company with U.S. headquarters in New York, provides property and casualty insurance and reinsurance.

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