AmTrust Financial Services, Inc. - Corporate Solutions
AmTrust Financial Services, Inc. - Corporate Solutions
AmTrust Financial Services, Inc. - Corporate Solutions
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Strengthened Capital and Dividends<br />
• January 2012 completed issuance<br />
of $200 million 5.5% convertible<br />
note<br />
• August 2012 increased revolving<br />
credit facility to $200 million<br />
• September 2012 paid 10% stock<br />
dividend<br />
• April 2013 40% increase in<br />
stockholder cash dividend<br />
• June 2013 priced $115 million<br />
6.75% non-cumulative preferred<br />
stock offering<br />
• August 2013 priced $250 million<br />
6.125% private placement of senior<br />
notes<br />
• September 2013 paid a 10% stock<br />
dividend<br />
Capital Position As of 9/30/13<br />
Trust Preferred Securities $123,714<br />
Convertible Senior Notes 163,444<br />
Senior Notes 250,000<br />
Other Debt 22,504<br />
Total Debt $559,662<br />
Preferred Shares 115,000<br />
Shareholder's Equity 1,273,439<br />
Total Equity $1,388,439<br />
Total Capital $1,948,101<br />
Debt to Capital Ratio 28.7%<br />
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