ACE INA HOLDINGS INC. (a Delaware corporation) UNDERWRITING AGREEMENT Dated: June 2, 2004Underwriting Agreement • June 10th, 2004 • Ace LTD • Fire, marine & casualty insurance • New York
ACE INA Holdings Inc., a Delaware corporation (the “Company”), proposes to issue and sell up to $925,000,000 aggregate initial public offering price, or its equivalent based on the applicable exchange rate at the time of offering in such foreign or composite currencies as the Company shall designate at the time of offering, of its senior or subordinated debt securities (the “Debt Securities”), from time to time, in or pursuant to one or more offerings on terms to be determined at the time of sale. The Debt Securities will be unconditionally guaranteed as to payment of principal, premium, if any, and interest by ACE Limited, a Cayman Islands company (the “Guarantor”).
ACE INA HOLDINGS INC. (a Delaware corporation) Senior Debt Securities Unconditionally Guaranteed as to Payment of Principal, Premium, if any, and Interest by ACE LIMITED TERMS AGREEMENTTerms Agreement • June 10th, 2004 • Ace LTD • Fire, marine & casualty insurance • New York
We understand that ACE INA Holdings Inc., a Delaware corporation (the “Company”), proposes to issue and sell $500,000,000 aggregate principal amount of its 5.875% Senior Notes due 2014 (the “Underwritten Securities”), which will be unconditionally guaranteed as to payment of principal, premium, if any, and interest by ACE Limited, a Cayman Islands company (the “Guarantor”). Subject to the terms and conditions set forth or incorporated by reference herein, the underwriters named below (the “Underwriters”) offer to purchase, severally and not jointly, the principal amount of Underwritten Securities opposite their names set forth below at the purchase price set forth below.
