Selective Insurance files shelf for debt, preferred, stock, warrants

By Devika Patel

Knoxville, Tenn., June 18 - Selective Insurance Group Inc. filed a shelf registration for an unspecified amount in an S-3 filing with the Securities and Exchange Commission.

The registration covers common stock, preferred stock, debt securities, warrants, stock purchase contracts and stock purchase units.

The securities may be structured as convertibles.

Proceeds will be used for general corporate purposes.

Selective is a holding company based in Branchville, N.J., for five property and casualty insurance companies that offer primary and alternative market insurance for commercial and personal risks.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.