Bermuda’s Renaissance Re Holdings Ltd. has field a shelf registration statement with the Securities and Exchange Commission to sell up to $200 million in mixed securities at various unspecified times.
RenRe had previously registered $364.25 million in securities. The additional filing brings the total amount of common shares, depositary shares, preference shares, senior and subordinated debt securities and related financial instruments that the company intends to sell to $564.25 million.
RenRe plans to use the proceeds to provide increased working capital, possible acquisitions and for general corporate purposes.
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