Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
WRB > SEC Filings for WRB > Form 8-K on 26-Apr-2013All Recent SEC Filings

Show all filings for BERKLEY W R CORP | Request a Trial to NEW EDGAR Online Pro

Form 8-K for BERKLEY W R CORP


26-Apr-2013

Triggering Events That Accelerate or Increase a Direct Financial Obligation or a


Item 2.04 Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement.

On April 26, 2013, W. R. Berkley Corporation (the "Company") issued a notice to cause to be redeemed all of the outstanding $250 million aggregate liquidation amount of 6.750% Trust Originated Preferred Securities(SM) ("TOPrS(SM)") (CUSIP No. 08449Q 20 3) of W. R. Berkley Capital Trust II ("W. R. Berkley Trust") on May 26, 2013 (the "Redemption Date") at a redemption price equal to $25 per $25 liquidation amount of the securities, together with accrued and unpaid distributions on the securities to, but not including, the Redemption Date. The Bank of New York Mellon will act as Paying Agent.

In connection with such redemption of the W. R. Berkley Trust securities, W. R. Berkley Corporation will prepay all of its outstanding $250 million aggregate principal amount of 6.750% Subordinated Debentures due 2045 currently held by W. R. Berkley Trust on the Redemption Date at par plus accrued and unpaid interest to, but not including, the Redemption Date. The proceeds from the prepayment of the debentures will be used by W. R. Berkley Trust, the sole holder of the debentures, to redeem its capital securities.

Reference is made to the press release of the Company relating to the announcement of the redemption. The press release was issued on April 26, 2013. A copy of the press release is attached to this Form 8-K as Exhibit 99.1 and is incorporated herein by reference.



Item 9.01 Financial Statements and Exhibits

(c) Exhibits

99.1 Press Release, dated April 26, 2013

- 2 -


  Add WRB to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for WRB - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.