Heritage Insurance Holdings to Offer Convertible Senior Notes

Heritage Insurance Holdings to Offer Convertible Senior Notes

Heritage Insurance Holdings said it will offer $125 million aggregate principal amount of convertible senior notes due 2037 in a private offering to qualified institutional buyers. The company also said it expects to grant the initial purchaser for the offering a 30-day option to purchase up to an additional nearly $18.8 million aggregate principal amount of notes. Heritage said it will use the net proceeds from the sale of the […]

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