RenaissanceRe Announces Pricing of Public Offering of 5,500,000 Common Shares
(WorldNews Business)

PEMBROKE, Bermuda--(BUSINESS WIRE)--Jun 2, 2020-- RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) announced today the pricing of an underwritten public offering of 5,500,000 of its common shares at a price to the public of $166.00 per share, before underwriting discounts and commissions. The offering is expected to close on June 5, 2020, subject to customary closing conditions. The Company intends to use the net proceeds from this offering for general corporate purposes, which may include expanding existing business lines, entering new business lines, forming new joint ventures, or acquiring books of business from other companies. State Farm Mutual Automobile...