Arch Capital sells $2.0 billion of senior notes due 2036 and 2056
Arch Capital Group completed a public offering of $2.0 billion in senior unsecured notes, split into $600 million due 2036 at 5.250% and $1.4 billion due 2056 at 5.950%. The notes add to the company's debt load, with interest paid semi-annually and the notes ranking behind obligations of its subsidiaries.
Key points
- $600 million of 5.250% senior notes due June 15, 2036, and $1.4 billion of 5.950% senior notes due June 15, 2056
- Interest is payable semi-annually on June 15 and December 15, starting December 15, 2026
- Notes are effectively subordinated to obligations of the company's subsidiaries, including insurance and reinsurance policy obligations, and are not guaranteed by them
- Notes were issued under a universal shelf registration on Form S-3 and a Third Supplemental Indenture dated June 9, 2026, with The Bank of New York Mellon as trustee
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:30 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 09, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.