Everest Re prices upsized offering at $360 in bid to raise close to $1.5bn

Everest Re has upsized its public offering to 3.6 million common shares at a price of $360 a share with an option for underwriters to purchase up to 540,000 additional common shares, which would raise around $1.49bn in gross proceeds if fully taken up, before underwriting discounts and commissions.

 

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