SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
November 28, 2001
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Date of Report (Date of earliest event reported)
PartnerRe Ltd.
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(Exact name of registrant as specified in its charter)
Bermuda 1-14536 Not Applicable
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(State or other jurisdiction (Commission File Number) (IRS Employer Identification No.)
of incorporation)
96 Pitts Bay Road
Pembroke
Bermuda HM 08
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (441) 292-0888
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Not Applicable
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(Former name or former address, if changed since last report)
Item 5. Other Events.
On November 21, 2001, PartnerRe Ltd. (the "Company") announced that it
had completed the previously announced concurrent offerings of its Premium
Equity Participating Securities ("PEPS Units") and PartnerRe Capital Trust I's
Preferred Securities, resulting in net proceeds to the Company of $387.7
million.
A copy of each of the press release issued by the Company on November
21, 2001, the Underwriting Agreement relating to the Company's PEPS Units, a
specimen PEPS Unit Certificate of the Company, the Underwriting Agreement
relating to the 7.90% Preferred Securities of PartnerRe Capital Trust I, a
specimen 7.90% Preferred Security Certificate of PartnerRe Capital Trust I and
the Certificate of Designation of the Company's 5.61% Series B Cumulative
Redeemable Preferred Shares, respectively filed with this Current Report on Form
8-K as Exhibits 99.1, 99.2, 99.3, 99.4, 99.5 and 99.6, are incorporated herein
by reference.
Item 7. Exhibits.
99.1 Press Release, dated November 21, 2001.
99.2 Underwriting Agreement relating to the Company's PEPS Units, dated
November 15, 2001, among the Company and Morgan Stanley & Co.
Incorporated, Credit Suisse First Boston Corporation, Goldman, Sachs &
Co. and J.P. Morgan Securities Inc., as Representatives of the
Underwriters named therein.
99.3 Specimen PEPS Unit Certificate of the Company.
99.4 Underwriting Agreement relating to the 7.90% Preferred Securities of
PartnerRe Capital Trust I, dated November 13, 2001, among the
Company, PartnerRe Finance I Inc. and PartnerRe Capital Trust I and
Morgan Stanley & Co. Incorporated, First Union Securities, Inc.,
Salomon Smith Barney Inc. and UBS Warburg LLC, as Representatives of
the Underwriters named therein.
99.5 Specimen 7.90% Preferred Security Certificate of PartnerRe Capital
Trust I.
99.6 Certificate of Designation of the Company's 5.61% Series B Cumulative
Redeemable Preferred Shares.
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SIGNATURES
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 hereunto duly authorized.
PARTNERRE LTD.
Date: November 28, 2001 By: /s/ Albert A. Benchimol
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Name: Albert A. Benchimol
Title: Executive Vice President and
Chief Financial Officer
INDEX TO EXHIBITS
Exhibit No. Description
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99.1 Press Release, dated November 21, 2001.
99.2 Underwriting Agreement relating to PartnerRe Ltd.'s PEPS
Units, dated November 15, 2001, among PartnerRe Ltd. and
Morgan Stanley & Co. Incorporated, Credit Suisse First Boston
Corporation, Goldman, Sachs & Co. and J.P. Morgan Securities
Inc., as Representatives for the Underwriters named therein.
99.3 Specimen PartnerRe Ltd. PEPS Unit Certificate.
99.4 Underwriting Agreement relating to the 7.90% Preferred
Securities of PartnerRe Capital Trust I, dated November 13,
2001, among PartnerRe Ltd., PartnerRe Finance I Inc. and
PartnerRe Capital Trust I and Morgan Stanley & Co.
Incorporated, First Union Securities, Inc., Salomon Smith
Barney Inc. and UBS Warburg LLC, as Representatives for the
Underwriters named therein.
99.5 Specimen PartnerRe Capital Trust I 7.90% Preferred Security
Certificate.
99.6 Certificate of Designation of PartnerRe Ltd. 5.61% Series B
Cumulative Redeemable Preferred Shares.