March 28, 2012

Willkie represents the underwriters in Arch Capital Group Ltd.’s public offering of preferred shares.

On March 26, Arch Capital Group Ltd. announced that it has priced an underwritten public offering of $325 million of its 6.75% Non-Cumulative Preferred Shares, Series C. Willkie advised the underwriters, led by Wells Fargo Securities, BofA Merrill Lynch, Morgan Stanley and UBS Investment Bank as joint book-running managers, in the transaction. Bermuda-based Arch Capital, with approximately $5.03 billion in capital, provides insurance and reinsurance on a worldwide basis through its wholly owned subsidiaries. The deal was handled by partners Thomas Cerabino and David Boston, of counsel Martin Miller, and associates Manuel Miranda and Tyler Barnett.