PartnerRe to issue $200mn of preferred shares
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PartnerRe to issue $200mn of preferred shares

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PartnerRe is preparing a preferred share offer that will generate gross proceeds of $200mn, which it will use for general corporate purposes.

The reinsurer is to offer eight million shares of a 4.875% Series J non-cumulative redeemable preferred shares, to which ratings agency Moody’s has assigned a Baa2 rating.

PartnerRe

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