Report of Foreign Issuer (6-k)
October 06 2017 - 4:05PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant To Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of October 2017
Commission File Number 001-31599
Endurance
Specialty Holdings Ltd.
(Translation of registrants name into English)
Waterloo House, 100 Pitts Bay Road,
Pembroke HM08, Bermuda (441) 278-0400
(Address of principal executive office)
Indicate by check mark whether
the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☑ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Note
: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to
security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule
101(b)(7): ☐
Note
: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a
report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrants home
country), or under the rules of the home country exchange on which the registrants securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the
registrants security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
INFORMATION FURNISHED AS PART OF THIS FORM 6-K
In connection with the liquidation of Endurance Specialty Holdings Ltd. (in Members Voluntary Liquidation) (the Company),
following the transfer of substantially all of the Companys assets and liabilities to its affiliate, Sompo International Holdings Ltd., on September 27, 2017, the Company today issued a notice of the distribution of the liquidation
preference of $25,000 per share (the Liquidation Preference) on all 9,200 shares outstanding of its 6.350% Non-Cumulative Preferred Shares, Series C (the Series C Preferred Shares) on October 23, 2017, in full
satisfaction of the Companys obligations under the Series C Preferred Shares. The holders of the depositary receipts, each representing a 1/1000
th
interest in a Series C Preferred Share (the
Depositary Shares), will receive a distribution of $25.00 per Depositary Share.
In addition, the Board of Directors of the
Company has declared a dividend on the Series C Preferred Shares of $167.5694 per Series C Preferred Share ($0.1675694 per Depositary Share), which represents the dividend amount on the Series C Preferred Shares from and including
September 15th to but excluding October 23
rd
(the Dividend). The Dividend is payable on October 23, 2017 to holders of the Series C Preferred Shares (and Depositary
Shares) on such date.
The notice to holders of the Series C Preferred Shares (and the Depositary Shares), specifying the terms,
conditions and procedures for the distribution of the Liquidation Preference and the Dividend for the Series C Preferred Shares, is available through The Depository Trust Company and the Companys distribution agent, Computershare Trust
Company, N.A. and Computershare Inc.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.
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ENDURANCE SPECIALTY HOLDINGS LTD.
(in Members Voluntary Liquidation)
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Date: October 6, 2017
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By:
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/s/ John V. Del Col
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Name:
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John V. Del Col
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Title:
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General Counsel & Secretary
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