CastlePoint Holdings, Ltd. Announces Issuance by Subsidiary of $30 million of Subordinated Debentures in Connection with an Offering of Trust Preferred Securities.

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CastlePoint Holdings, Ltd. Announces Issuance by Subsidiary of $30 million of Subordinated Debentures in Connection with an Offering of Trust Preferred Securities.

HAMILTON, Bermuda -- CastlePoint Holdings, Ltd. (NASDAQ:CPHL) today announced that its subsidiary, CastlePoint Bermuda Holdings, Ltd., had on September 27, 2007 raised $30 million through the offering of subordinated debentures. The subordinated debentures have a stated ...

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