W.R. Berkley to redeem $290 million of 5.75% debentures due 2056

By Wendy Van Sickle

Columbus, Ohio, April 19 – W.R. Berkley Corp. plans to redeem its $290 million of 5.75% subordinated debentures due 2056, according to an 8-K filing with the Securities and Exchange Commission.

The $25-par debentures will be redeemed on June 1 at par, plus interest.

Bank of New York Mellon is trustee.

The debentures trade on the New York Stock Exchange under the symbol “WRB.”

W.R. Berkley is a Greenwich, Conn.-based insurance holding company.

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