AmTrust Announces Closing of $115M 6.75% Non-Cumulative Preferred Stock Offering

By: Benzinga
AmTrust Financial Services (Nasdaq: AFSI ) today announced that it has closed an underwritten public offering of 4.6 million shares of its 6.75% Non-Cumulative Preferred Stock, Series A (the "Preferred Stock") with a liquidation preference of $25.00 per share, or $115 million in aggregate liquidation preference. The offering was
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