- Free Writing Prospectus - Filing under Securities Act Rules 163/433 (FWP)
December 07 2010 - 4:16PM
Edgar (US Regulatory)
Pursuant to Rule 433
Dated December 7, 2010
Registration Statement on Form F-3 (No. 333-148245)
Relating to
Preliminary Prospectus Supplement Dated December 7, 2010 and
Prospectus dated December 21, 2007
$250,000,000
6.00% SENIOR NOTES DUE 2020
SUMMARY OF TERMS
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Issuer:
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Aspen Insurance Holdings Limited, a Bermuda holding company
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Expected Ratings*:
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Baa2 (Moodys) (Stable) /
BBB+ (S&P) (Stable)
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Principal Amount:
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$250,000,000
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Issue Price:
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99.650%
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Trade Date:
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December 7, 2010
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Settlement Date:
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December 10, 2010 (T + 3)
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Maturity Date:
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December 15, 2020
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Security Type:
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Senior Unsecured Fixed Rate Notes
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Gross Proceeds to Issuer:
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$249,125,000
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Net Proceeds to Issuer
(after underwriting
discounts and commissions):
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$247,500,000
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Minimum Denominations:
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$2,000 and integral multiples of $1,000 in excess thereof
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Coupon:
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6.000% per annum
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Interest Payment Dates:
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Semi-annually on June 15 and
December 15 of each year,
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commencing on June 15, 2011
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Day Count Convention:
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30 / 360
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Yield to Maturity:
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6.047%
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Treasury Benchmark:
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2.625% due 11/15/20
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Treasury Yield:
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3.147%
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Spread to Treasury Benchmark:
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290 basis points
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Make-Whole Call Payment:
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US Treasury + 45 basis points
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CUSIP; ISIN:
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04530DAC6; US04530DAC65
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Joint Book-Running Managers:
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Citigroup Global Markets Inc.
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Deutsche Bank Securities Inc.
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Co-Managers:
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Barclays Capital Inc.
BNY Mellon Capital Markets, LLC
Credit Agricole Securities (USA) Inc.
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*
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Neither of these ratings is a recommendation to buy, hold or sell these Securities. Each
rating may be subject to review, revision, suspension, reduction or withdrawal at any time and
should be evaluated independently of any other rating.
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The Issuer has filed a registration statement (including a prospectus) with the Securities and
Exchange Commission (the SEC) for the offering to which this communication relates. Before you
invest, you should read the prospectus in that registration statement and other documents the
Issuer has filed with the SEC for more complete information about the Issuer and this offering.
You may get these documents for free by visiting EDGAR on the SECs website at
www.sec.gov
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Alternatively, any underwriter or any dealer participating in the offering will arrange to send
you the prospectus if you request it by calling Citigroup Global Markets Inc., toll-free at
1-877-858-5407 or Deutsche Bank Securities Inc., toll-free at 1-800-503-4611.
This communication should be read in conjunction with the preliminary prospectus supplement dated
December 7, 2010 and the accompanying prospectus dated December 21, 2007.
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