Assured Offers $499M In Stock To Protect Rating
The Bermuda-based holding company disclosed the transaction, which represents more than 23.9 million shares, in a prospectus filed Wednesday with the U.S. Securities and Exchange Commission.
As the sole underwriter, UBS agreed to pay $20.90 per share, a discount from Monday's closing price of $22.68 per share. The underwriter also has...
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