WRB-E W.R. Berkley Corporation 5.70% Subordinated Debentures due 2058

Interest will be payable on March 30, June 30, September 30 and December 30 of each year, beginning June 30, 2018 So long as no Event of Default with respect to the Debentures has occurred and is continuing, the Company shall have the right, at any time and from time to time, to defer the payment of interest on the Debentures for one or more Optional Deferral Periods of up to five consecutive years, provided that no Optional Deferral Period shall extend beyond March 30, 2058, any earlier accelerated maturity date arising from an Event of Default or any other earlier redemption of the Debentures. The Company may redeem the Debentures in increments of $25 principal amount: (a) in whole at any time, or in part from time to time, on or after March 30, 2023, at a Redemption Price equal to their principal amount plus accrued and unpaid interest (including compounded interest, if any) to, but excluding, the Redemption Date; provided that if the Debentures are not redeemed in whole, at least $25 million aggregate principal amount of the Debentures must remain Outstanding after giving effect to such redemption.  This security was issued by WR Berkley Corp, whose common stock symbol is WRB.

$27.29  +0.18 (0.66%)
As of 06/18/2021 16:00:02 EST     IEX book   CBOE book


Security Information
Category1:  US Equity
Category2:  Exchange traded debt
Category3:  Long-term
GICS sector:  Financials
Industry:  Insurance—Property & Casualty
Index country:  USA
Country of incorporation:  USA
IPO date:  04/02/2018
Outstanding shares:  8,050,000
Average volume:  8,979
Market cap:   $219,684,500
Current dividend yield:  5.22%    calculation
Coupon rate:    5.700%
Liquidation value:   $25.00
Callable after:   03/30/2023
Maturity date:    03/30/2058
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
CUSIP:    084423706
ISIN:        US0844237067
Sedol:      BFMXK34

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