NU Online News Service, Dec. 12, 2003, 3:43 p.m. EST – Scottish Re Group Ltd., Hamilton, Bermuda, has set a price of $25 per unit for an offering of 5 million “hybrid capital units.”[@@]
The life reinsurer says it was able to increase the size of the offering to 5 million units, from 4.6 million units, because of strong investor demand.