So long as no event of default has occurred and is continuing, we may defer interest payments on one or more occasions for up to 40 consecutive quarterly periods, as described in this prospectus supplement. Any deferred interest payments will bear additional interest at the rate of 4.375% per year, to the extent legally permitted.
So long as no Event of Default has occurred and is continuing, The Southern Company may defer interest payments on the Series 2015A Junior Subordinated Notes on one or more occasions for up to 40 consecutive quarterly periods as described in this Prospectus Supplement. Deferred interest payments will accrue additional interest at a rate equal to the interest rate then applicable to the Series 2015A Junior Subordinated Notes, compounded quarterly, to the extent permitted by applicable law.
W.R. Berkley Corporation (WRB) is a multinational insurance holding company that provides a wide range of commercial property and casualty insurance products and services. The company operates through several subsidiaries and is organized into four business segments: specialty insurance, regional property casualty insurance, alternative markets, and international.
WRB was founded in 1967 and has a long history of providing insurance coverage to businesses, organizations, and individuals. The company has a strong reputation for financial stability and is well-regarded in the insurance industry.
Interest may be deferred on one or more occasions for up to 5 consecutive years. Interest will continue to accrue.
The company has the right to defer interest payments for up to 5 years one or more times without causing a default. Interest will accrue.
Issue reopened and 375,500 new shares sold
