Sets price at $22 per share

Validus Holdings has announced the pricing of its initial public offering of 15,244,888 common shares at $22 per common share.

The shares will be listed on the New York Stock Exchange and will trade under the symbol “VR” beginning 25 July.

The offering proceeds will be used to repay interim financing for the acquisition of Talbot Holdings, to support the future growth of Validus Re and for general corporate purposes.