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Argo Group Prices New Preferred–Update–OTC Ticker

Insurer Argo Group International Holdings (AGRO) has priced the previously announced resettable fixed rate preferred.

The pricing will be 7% and when it begins to reset in about 5 years it will reset at the 5 year treasury plus a spread of 6.712%. The 1st reset is on 9/15/2025–and then every 5 years there after.

The pricing term sheet can be read here.

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