RenaissanceRE Holdings Prices New Perpetual Preferred
Reinsurer RenaissanceRE (RNR) has price a new issue of non-cumulative preferred stock. The issue has priced at 4.20%is non-cumulative and perpetual. Optional redemption is available to the company starting 7|15|2026. The company will use the proceeds to call the 5.375% preferredRNR-E issue which has been redeemable for 3 years. This issue is investment grade with Continue reading "RenaissanceRE Holdings Prices New Perpetual Preferred" The post RenaissanceRE Holdings Prices New Perpetual Preferred first appeared on Innovative Income Investor .
RenaissanceRE Holdings Prices New Perpetual Preferred
Reinsurer RenaissanceRE (RNR) has price a new issue of non-cumulative preferred stock. The issue has priced at 4.20%is non-cumulative and perpetual. Optional redemption is available to the company starting 7|15|2026. The company will use the proceeds to call the 5.375% preferredRNR-E issue which has been redeemable for 3 years. This issue is investment grade with Continue reading "RenaissanceRE Holdings Prices New Perpetual Preferred" The post RenaissanceRE Holdings Prices New Perpetual Preferred first appeared on Innovative Income Investor .