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Business Wire (Free subscription) | 11/23/2009
NEW YORK--(BUSINESS WIRE)--Transatlantic Holdings, Inc. (NYSE: TRH) (the “Company”) announced today the closing of a previously announced registered offering (the “Offering”) of $350,000,000 aggregate principal amount of its 8.00% Senior Notes due 2039. Goldman, Sachs & Co. and Wells Fargo Securities, LLC were underwriters for the Offering. Transatlantic...
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The Earth Times Online Newspaper (Free subscription) | 11/19/2009
NEW YORK - Transatlantic Holdings, Inc. (the “Company”) (NYSE: TRH) announced today that it priced a registered offering (the “Offering”) of $350,000,000 aggregate principal amount of its 8.00% Senior Notes due 2039 (the “Notes”). The Notes are being sold
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Business Wire (Free subscription) | 11/10/2009
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best Co. has revised the outlook to stable from negative for Transatlantic Holdings, Inc. (New York, NY) (NYSE: TRH) and its subsidiaries. A.M. Best also has affirmed the financial strength ratings of A (Excellent) and issuer credit ratings (ICR) of “a” of Transatlantic Holdings, Inc. Group (Transatlantic)...
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Business Wire (Free subscription) | 10/28/2009
NEW YORK--(BUSINESS WIRE)--Transatlantic Holdings, Inc. (NYSE: TRH) today reported financial results for the quarter and nine months ended September 30, 2009. TRH’s net income for the third quarter of 2009 totaled $153 million, or $2.28 per common share (diluted), compared to a net loss of ($108) million, or ($1.62) per common share (diluted) in the third quarter of 2008....