UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
Current Report
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
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Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 8.01 | Other Events. |
On December 3, 2019, AXIS Capital Holdings Limited (“AXIS Capital”), a Bermuda company, issued the press release attached hereto as Exhibit 99.1 announcing that its indirect, wholly-owned subsidiary, AXIS Specialty Finance LLC, a Delaware limited liability company, has priced an offering of $425.0 million aggregate principal amount of its 4.900% Fixed-Rate Reset Junior Subordinated Notes due 2040 (the “Notes”), fully and unconditionally guaranteed on an unsecured and junior subordinated basis by AXIS Capital, pursuant to an effective shelf registration statement. The Notes will be sold pursuant to an Underwriting Agreement, dated December 3, 2019 (the “Underwriting Agreement”), with Wells Fargo Securities, LLC and Citigroup Global Markets Inc., as representatives of the several underwriters named therein. A copy of the Underwriting Agreement is attached hereto as Exhibit 1.1.
| Item 9.01 | Financial Statements and Exhibits |
(d) Exhibits
| Exhibit |
Description | |||
| Underwriting Agreement, dated December 3, 2019, among AXIS Capital, AXIS Specialty Finance LLC and Wells Fargo Securities, LLC and Citigroup Global Markets Inc., as representatives of the other several underwriters named therein. | ||||
| Press release dated December 3, 2019 | ||||
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Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: December 5, 2019
| AXIS CAPITAL HOLDINGS LIMITED | ||
| By: |
/s/ Conrad D. Brooks | |
| Conrad D. Brooks | ||
| General Counsel | ||