W. R. Berkley Corporation Announces Pricing of $350 Million of 4.625% Senior Notes Due 2022

Released : 03/13/2012

GREENWICH, Conn.--(BUSINESS WIRE)-- W. R. Berkley Corporation (NYSE: WRB) announced today that it priced an offering of $350 million of 4.625% Senior Notes due 2022. The net proceeds of the offering will be used for general corporate purposes, including the repayment of indebtedness. Closing of the offering is expected on March 16, 2012.

Merrill Lynch, Pierce, Fenner & Smith Incorporated is active book-runner and Goldman, Sachs & Co. and Wells Fargo Securities, LLC are joint passive book-runners of the offering. Copies of the final prospectus relating to the offering may be obtained from: Merrill Lynch, Pierce, Fenner & Smith Incorporated, Prospectus Department, 100 West 33rd Street, 3rd Floor, New York, NY 10001, Tel: (800) 294-1322; Goldman, Sachs & Co., Attn: Prospectus Department, 200 West Street, New York, NY, 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316, Email: [email protected]; or Wells Fargo Securities, LLC, 1525 West W.T. Harris Blvd., NC0675, Charlotte, North Carolina 28262, Attn: Capital Markets Client Support, Toll-Free: 1-800-326-5897, Email: [email protected].

A shelf registration statement relating to these securities has been filed with the Securities and Exchange Commission and has become effective. This announcement is not an offer to sell these securities, and it is not soliciting an offer to buy these securities in any state where the offer or sale is not permitted.

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 in five segments of the property casualty insurance business: specialty insurance, regional property casualty insurance, alternative markets, reinsurance and international.

W. R. Berkley Corporation
Karen A. Horvath, 203-629-3000
Vice President - External
Financial Communications

Source: W. R. Berkley Corporation