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Published on 9/26/2005 in the Prospect News Convertibles Daily.

Montpelier Re Holdings files $1 billion shelf

By Ted A. Knutson

Washington, Sept. 26 - Montpelier Re Holdings Ltd. filed a $1 billion shelf registration with the Securities and Exchange Commission.

The S-3 filing allows the company to issue common and preference shares, depositary preference shares, and junior subordinated and senior notes, warrants, purchase contracts and units. Securities may be issued in the form of convertibles.

Montpelier Re Holdings is a Hamilton, Bermuda-based global provider of insurance and reinsurance products.

Offerings authorized by the shelf will be used for general corporate purposes.


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