RenaissanceRe Holdings Ltd. (NYSE: RNR) Prices Underwritten Public Offering for 20 Million Depositary Share

July 8, 2021

RenaissanceRe Holdings Ltd. (NYSE: RNR) has announced an agreement to sell 20 million depositary shares in an underwritten public offering. Each share represents 1/1000th interest per share of the 4.2% Series G Preference shares, $1 par value, and liquidation preference of $25,000 per share.  RenaissanceRe expects $500 million from offering  The public offering price per Depositary Share is $25, with the company expecting a total public offering price of $500…