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Arch Capital prices $2 billion senior notes offering

June 2, 2026 5:32 PM

Arch Capital Group Ltd. (NASDAQ: ACGL) announced the pricing of a $2 billion senior notes offering, consisting of $600 million in 5.250% notes due 2036 and $1.4 billion in 5.950% notes due 2056.



The Bermuda-based insurance company plans to use proceeds to redeem $500 million of outstanding 4.011% senior notes due 2026 issued by subsidiary Arch Capital Finance LLC. Additional funds will pay tender prices for previously announced offers on 5.144% senior notes due 2043 and 5.031% senior notes due 2046. Any remaining proceeds will support general corporate purposes.



The offering is expected to close on June 9, 2026, subject to customary closing conditions. Wells Fargo Securities, BofA Securities, J.P. Morgan Securities and Lloyds Securities serve as active joint book-running managers.



Arch Capital operates as a publicly listed company with approximately $26.9 billion in capital as of March 31, 2026. The company provides insurance, reinsurance and mortgage insurance globally through wholly owned subsidiaries and is included in the S&P 500 Index.



The offering is being conducted under the company's effective shelf registration statement filed with the Securities and Exchange Commission. The information is based on a company press release.

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