Bermuda-based Montpelier Re Holdings Ltd. announced that it has sold 25,850,926 shares of its common stock, as previously announced (See IJ Website Sept.16)
The shares were resold at $24.00 by Lehman Brothers Inc. who acted as sole underwriter on the transaction.
“All shares were offered by the Company and were sold under the Company’s Form S-3 shelf registration statement, which was declared effective on February 23rd, 2004,” the bulletin noted.
Was this article valuable?
Here are more articles you may enjoy.
Intersecting Risks and the Future of Construction Insurance 
Ford’s AI Hiccups Lead Carmaker to Rehire ‘Gray Beard’ Engineers 
North Carolina Becomes First State to Pass Outright Ban on Litigation Financing 
Endless Shrimp Deal Was Scheme to Squeeze Red Lobster, Suit Says 
