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AccessMyLibrary    Browse    P    PR Newswire    NOV-02    Chubb Announces the Exercise in Full of Over-Allotment Options by the Underwriters of Its Equity Unit Offering.

Chubb Announces the Exercise in Full of Over-Allotment Options by the Underwriters of Its Equity Unit Offering.

Publication: PR Newswire

Publication Date: 29-NOV-02
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COPYRIGHT 2002 PR Newswire Association LLC

The Chubb Corporation today announced that the underwriters for the company's recent offering of common stock purchase warrants and debt securities sold in the form of equity units have exercised in full their over-allotment option to purchase an additional 3,000,000 of equity units, resulting in an increase in the capital to be sold in the offering from $525 million to $600 million.

The...

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