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A.M. Best Assigns Rating to AmTrust Financial Services, Inc. Preferred Stock

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has assigned an issue rating of “bb+” to the $125 million, 7.75% non-cumulative perpetual preferred stock Series E recently announced by AmTrust Financial Services, Inc. (AFSI) (headquartered in New York, NY) [NASDAQ:AFSI]. The outlook assigned to the rating is stable. The offering may be increased upon exercise of an underwriters’ overallotment.