Arch plans new preferred share and US ADR offering

Arch Capital plans to offer new preferred share depositary
receipts to raise funds that will be used to redeem its Series C
preferred stock, the company said in a regulatory filing today.
The new depositary shares will be listed on the Nasdaq Stock
Market under the ACGLO symbol, the Bermuda-based company said
today. Each depositary share will represent a one-thousandth
interest in a series F preferred share, including redemption value
and dividends, the company said.
A Series F preferred share..