OneBeacon U.S. Holdings, Inc. Guaranteed by OneBeacon Insurance Group, Ltd. UNDERWRITING AGREEMENTUnderwriting Agreement • November 8th, 2012 • OneBeacon Insurance Group, Ltd. • Fire, marine & casualty insurance • New York
OneBeacon U.S. Holdings, Inc., a company organized under the laws of the State of Delaware (the “Company”), proposes to sell $275,000,000 aggregate principal amount of 4.60% Senior Notes due 2022 (the “Notes”). Payment of principal, premium, if any, and interest on the Notes will be fully and unconditionally guaranteed (the “Guarantee” and, together with the Notes, the “Securities”) on an unsecured and unsubordinated basis by the Company’s ultimate parent, OneBeacon Insurance Group, Ltd., a Bermuda exempted limited liability company (the “Guarantor”).
