Argo Group International Holdings, Inc. Announces Full Redemption of Outstanding Depositary Shares Representing Interests in its 7.00% Resettable Fixed Rate Preferred Stock, Series A, and Full Redemption of Argo Group US, Inc.’s Outstanding 6.500% SeniorNEW YORK, Aug. 15, 2025 (GLOBE NEWSWIRE) -- Argo Group International Holdings, Inc. (formerly known as Argo Group International Holdings, Ltd.) (“Argo” or “the Company”), an underwriter of specialty insurance products, today announced that, on September 15, 2025 (the “Redemption Date”), (i) the Company will redeem (the “Preferred Redemption”) all 6,000 outstanding shares of its 7.00% Resettable Fixed Rate Preferred Stock, Series A (the “Series A Preferred Stock”), and the corresponding 6,000,000 depositary shares, each representing a 1/1,000th interest in one share of Series A Preferred Stock (the “Depositary Shares”) and (ii) the Company’s wholly-owned subsidiary Argo Group US, Inc. (“Argo US”) will redeem (the “Notes Redemption” and, together with the Preferred Redemption, collectively, the “Redemption”) all of the outstanding $143.75 million aggregate principal amount of Argo US’ 6.500% Senior Notes due September 15, 2042 (the “Notes”).
Argo Group Announces Leadership Changes
Argo Group International Holdings, Inc. (“Argo” or “the company”), an underwriter of specialty insurance products, today announced the appointment of Chris Donahue as Chief Executive Officer. Mr. Donahue joined the company in November 2023 as Chief Financial Officer.
