26 February 2020News
RenRe calls outstanding series C preference shares
RenaissanceRe Holdings will call the remaining five million of its outstanding 6.08 percent series C preference shares for mandatory redemption on March 26, 2020. The redemption price has been set at $25.00 per series C preference share, plus accrued and unpaid dividends to March 26, 2020.
After the redemption date the shares will no longer be deemed to be outstanding and dividends will cease to accrue. All rights of the holders of the shares will cease, except for the right to receive the redemption price, without interest, when surrendered.
The notice of redemption has been mailed to registered holders of the shares.
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