Argo prices $150m depositary shares to repay loan and fund growth


Bermuda-based re/insurer Argo Group International has priced an underwritten public offering of 6 million depositary shares, each representing a one thousandth interest in a share of the company's newly designated 7.00 percent resettable fixed rate perpetual non-cumulative preference shares, series A.

Argo, IPO, Shares, Insurance, Reinsurance, Bermuda

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