Press Center

XL Capital Ltd To Redeem Series A Preference Shares

Hamilton, Bermuda – July 13, 2007 - XL Capital Ltd (NYSE: XL) announced today that it has called for redemption all of its outstanding 8.0% Series A Preference Ordinary Shares (the “Series A Preference Shares”). The redemption date for the Series A Preference Shares will be August 14, 2007, and the redemption price will be approximately $25.24 per Series A Preference Share. In the event that all of the outstanding Series A Preference Shares are surrendered for redemption, the aggregate redemption price would be $232,248,888.
XL Capital Ltd, through its operating subsidiaries, is a leading provider of global insurance and reinsurance coverages to industrial, commercial and professional service firms, insurance companies and other enterprises on a worldwide basis. As of March 31, 2007, XL Capital Ltd had consolidated assets of approximately $62.1 billion and consolidated shareholders’ equity of $11.3 billion. More information about XL Capital Ltd is available at www.xlgroup.com.

Press Center
Contact

XL uses two forms of cookies on this site:

  1. to enable the site to operate and retain any preferences you set; and
  2. for analytics to make the site more relevant and easy to use.

These cookies do not collect personal information. For more information about our cookie usage, please click here. To comply with EU privacy laws you must consent to our use of cookies.

By using this site, you agree that we can place these types of cookies on your device. If you choose to change your cookie settings you will be presented with this message the next time you visit.