W.R. Berkley Corp., 5.10% Subordinated Debentures due 12/30/2059 (WRB PRF)

Today we will represent you a bond with 6.55% yield with potential for capital gains.

Description

WRB PRF is 5.10%  subordinated debentures issued in $25 denominations, redeemable at the issuer's option on or after 12/30/2024 at $25 per debenture plus accrued and unpaid interest, and maturing 12/30/2059.

Bonds are rated at S&P with investment grade and BBB- rating. Interest of $0.32 is paid quarterly,   $1.34 per annum. The next ex-dividend date is scheduled for 13 June 2025. 

W. R. Berkley Corporation

W. R. Berkley Corporation, an insurance holding company, operates as a commercial line writer worldwide. The company operates in two segments, Insurance, and Reinsurance.