debt
confidence high
sentiment neutral
materiality 0.55
Arch Capital subsidiaries commence cash tender offers for up to $350M of senior notes
ARCH CAPITAL GROUP LTD.
- Offer to purchase up to $350M aggregate of 5.144% Senior Notes due 2043 (CUSIP 03938JAA7) and 5.031% Senior Notes due 2046 (CUSIP 03939CAB9).
- Early tender premium $50 per $1,000 principal; early tender deadline June 15, 2026; expiration July 1, 2026.
- Tender offers conditioned on consummation of a new notes offering (Financing Condition); acceptance priority: 2043 notes first.
- Wells Fargo Securities and BofA Securities acting as dealer managers; Global Bondholder Services Corporation as tender/information agent.
- No recommendation by company or dealer managers; holders directed to Offer to Purchase.