debt
confidence high
sentiment neutral
materiality 0.72
Arch Capital prices $2B senior notes offering to refinance near-term debt and tender offers
ARCH CAPITAL GROUP LTD.
- $600M of 5.250% senior notes due 2036 and $1.4B of 5.950% senior notes due 2056 priced.
- Net proceeds to redeem $500M of 4.011% Senior Notes due 2026 and fund tender offers for 5.144% notes due 2043 and 5.031% notes due 2046.
- Offering expected to close on June 9, 2026, led by Wells Fargo, BofA, J.P. Morgan, and Lloyds Securities.
- Remaining proceeds, if any, to be used for general corporate purposes.