Arch Capital Group Ltd. announced the total consideration payable for cash tender offers to purchase up to $417,851,000 aggregate principal amount of its subsidiaries' debt securities. The offers cover the 5.144% Senior Notes due 2043 issued by Arch Capital Group (U.S.) Inc. and the 5.031% Senior Notes due 2046 issued by Arch Capital Finance LLC. The pricing was determined at 10:00 a.m. New York City time on June 16, 2026, based on a fixed spread over the reference U.S. Treasury yield.

Tender Offer Details

The company amended the maximum acceptance amount to $417,851,000. The total consideration for each $1,000 principal amount of notes includes an early tender premium of $50. The reference U.S. Treasury security is the 5.00% U.S. Treasury due May 15, 2046, with a fixed spread of +55 basis points and a reference yield of 4.954%.

Accepted Tender Amounts

The following table details the principal amounts tendered and expected to be accepted for each series of notes:

Settlement and Conditions

Withdrawal rights for the notes expired on the early tender deadline of 5:00 p.m. New York City time on June 15, 2026. The company expects to make payment on June 18, 2026, for notes that were validly tendered and accepted for purchase. Holders will receive accrued and unpaid interest from the last interest payment date up to, but not including, the early settlement date. The financing condition has been satisfied, and the offers are not conditioned upon any minimum amount of notes being tendered. Because the aggregate principal amount of notes tendered at the early deadline equals the maximum amount, the company does not expect to accept any notes tendered after the early deadline.

Wells Fargo Securities, LLC and BofA Securities, Inc. are serving as Dealer Managers for the tender offers. Global Bondholder Services Corporation is the Tender and Information Agent.