S&C Represents Joint Bookrunning Managers in AmTrust Financial Services, Inc. $287.5 Million Underwritten Offering of Depositary Shares

September 27, 2016

AmTrust Financial Services, Inc. completed an underwritten offering of depositary shares, each representing a 1/40th interest in a share of newly designated 6.95% non-cumulative preferred stock, Series F. Including a greenshoe exercise that was completed simultaneously with the offering of the firm shares, AmTrust Financial Services, Inc. issued 11,500,000 depositary shares, for gross proceeds of $287,500,000. S&C represented the joint bookrunning managers in the offering.

AmTrust Financial Services, Inc. is a multinational insurance holding company specializing in commercial lines coverage for small to mid-size businesses. It offers a variety of insurance products, including workers' compensation, extended warranty and other commercial property and casualty insurance products.

The S&C team was led by Mr. DeLaMater. Mr. Hochberg advised on tax matters.