W. R. Berkley Corporation Announces $350 Million Senior Notes Offering

September 10, 2021

Willkie represented global insurance holding company W. R. Berkley Corporation in its offering of 3.150% Senior Notes due 2061.

On September 8, longtime Willkie client W. R. Berkley Corporation (NYSE: WRB) announced that it priced an offering of $350 million aggregate principal amount of 3.150% Senior Notes due 2061. BofA Securities, Credit Suisse, J.P. Morgan and Morgan Stanley are joint book-running managers of the offering. The company intends to use the net proceeds of the offering, which is expected to close on September 15, 2021, for general corporate purposes.

Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments of the property casualty insurance business: Insurance and Reinsurance & Monoline Excess.

The Willkie team was led by partners Jeffrey Hochman and Sean Ewen and associates Amanda Burke and John DiNapoli.