Everest Re upsizes share offering in bid to raise ~$1.5bn in capital
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Everest Re upsizes share offering in bid to raise ~$1.5bn in capital

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Everest Re has announced an upsized public offering with the potential to raise just short of $1.5bn in capital, confirming an earlier report from this publication.

The company initially announced the offering of 3 million common shares, with the option to purchase up to an aggregate of 450,000 additional common shares from the company.

It

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