EFTA01043528.pdf

From: Paul Barrett < To: Richard Kahn <I , Jeffrey Epstein <jeevacation®gmail.com> Subject: Re: New Issue $25 Par: Validus Holdings, Ltd. (VR) Perpetual Preferred Stock; 5.875% Area; Fixed-for-Life Date: Wed, 14 Jun 2017 13:38:12 +0000 Can you get a bid. Want to sell now. Sent from my iPhone On Jun 12, 2017, at 1:18 PM, Richard Kahn < > wrote: Richard Kahn HBRK Associates Inc. 575 Lexington Avenue, 4th Floor New York NY 10022 Phone Fax Cell Begin forwarded message: From: "Atlas, Andrew S" Date: June 12, 2017 at 11:37:31 AM EDT To: Richard Kahn Subject: RE: New Issue $25 Par: Validus Holdings, Ltd. (VR) Perpetual Preferred Stock; 5.875% Area; Fixed-for-Life Hey Rich, Southern Trust Co, bot 40k shares of Validas Holdings Preferred. Will circle back as soon as I have final pricing. Also keeping Evan abreast of all Southern Trust activity. Thanks again, Andrew Andrew S. Atlas First Vice President Equity Sales/Middle Markets Group Financial Advisor Morgan Stanley Wealth Management 1290 Avenue of the Americas, 12th Floor I New York, NY 10104 EFTA01043528 Tel/Direct: I Fax: NMLS ID X 1326736 From: Richard Kahn [mailto: Sent: Monday, June 12, 2017 11:27 AM To: Atlas, Andrew S (Wealth Mgmt145) Subject: Re: New Issue $25 Par: Validus Holdings, Ltd. (VR) Perpetual Preferred Stock; 5.875% Area; Fixed-for-Life Please put in for lmm. Thank you. Richard Kahn HBRK Associates Inc. 575 Lexington Avenue, 4th Floor New York NY 10022 Phone Fax Cell On Jun 12, 2017, at 11:25 AM, Atlas, Andrew S < > wrote: $25 Par New Issue Syndicate Offering: Validus Holdings, Ltd. (VR) Issuer: Validus Holdings, Ltd. (Ticker: VR) Securities Offered: Depositary Shares Each Representing a 1/1,000th Interest in a Share of % Non- Cumulative Preference Shares, Series B Size: $150nun (6mm $25 per depositary share) Expected Ratings: Baa3 (S) / BBB- (S) / BBB (S) Format: SEC Registered Maturity: Perpetual Price Guidance: 5.875% Area; Fixed-for-Life Offer Price: $25.00 per depositary share Distributions: Payable when, as and if declared on the 15th of March, June, September and December beginning on 9/15/17, Fixed for life Redemption: Callable at $25.00 per Depositary Share on or after 06/20/2022 or at any time prior upon: -a Tax Event or Capital Disqualification Event -or under certain circumstances at $26.00 per Depositary Share, see Red for details. Use of Proceeds: General Corporate Purposes QDI Eligible: Yes, see Red for Tax and Withholding details DRD Eligible: No Subject to US Tax Withholding for NRA Clients: See Red for Tax and Withholding details* EFTA01043529  Expected Listing: NYSE Timing: Today's Business Andrew S. Atlas First Vice President Equity Sales/Middle Markets Group Financial Advisor Morgan Stanley Wealth Management 1290 Avenue of the Americas, 12th Floor I New York, NY 10104 Tel/Direct: I Fax: NMLS ID ft 1326736 From: Richard Kahn [mailto Sent: Monday, June 12, 2017 11:22 AM To: Atlas, Andrew S (Wealth Mgmt145) Subject: Validus preferred Is this MS deal. If so please send me info. Thanks. Richard Kahn HBRK Associates Inc. 575 Lexington Avenue, 4th Floor New York NY 10022 Phone Fax Cell NOTICE: Morgan Stanley is not acting as a municipal advisor and the opinions or views contained herein are not intended to be. and do not constitute. advice within the meaning of Section 975 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. If you have received this communication in error. please destroy all electronic and paper copies and notify the sender immediately. Mistransmission is not intended to waive confidentiality or privilege. Morgan Stanley reserves the right, to the extent permitted under applicable law. to monitor electronic communications. This message is subject to terms available at the following link: httplAvww.morpanstanley.com/thsclaimers If you cannot access these links. please notify us by reply message and we will send the contents to you. By communicating with Morgan Stanley you consent to the foregoing and to the voice recording of conversations with personnel of Morgan Stanley. <Validus 2017.06.12 - Preliminary Prospectus Supplement r58.pdf NOTICE: Morgan Stanley is not acting as a municipal advisor and the opinions or views contained herein are not intended to be. and do not constitute, advice within the meaning of Section 975 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. If you have received this communication in error. please destroy all electronic and paper copies and notify the sender immediately. Mistransmission is not intended to waive confidentiality or privilege. Morgan Stanley reserves the right, to the extent permitted under applicable law, to monitor electronic communications. This message is subject to terms available at the following link: httplAnwe.morpanstanley.comMisclaimers If you cannot access these links, please notify us by reply message and we will send the contents to you. By communicating with Morgan Stanley you consent to the foregoing and to the voice recording of conversations with personnel of Morgan Stanley. EFTA01043530