Argo Group International Holdings Announces Full Redemption of Preferred Shares and Senior Notes, Plans to Delist and Deregister
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Argo Group International Holdings, Inc. plans to fully redeem its outstanding financial instruments on September 15, 2025. This includes the redemption of all 6,000 shares of its 7.00% Resettable Fixed Rate Preferred Stock, Series A, and the $143.75 million principal of its 6.500% Senior Notes due in 2042. The redemption price for the depositary shares is set at $25.00 each, plus any declared and unpaid dividends. This move aims to streamline Argo's financial structure, resulting in no outstanding Series A Preferred Stock or related shares.
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