SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): November 8, 2002
Everest Reinsurance Holdings, Inc.
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(Exact Name of Registrant as Specified in Charter)
Delaware 1-14527 22-3263609
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(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
477 Martinsville Road
P.O. Box 830
Liberty Corner, New Jersey 07938
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: 908-604-3000
Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
Item 5. Other Events.
On November 8, 2002, the registrant executed an Underwriting Agreement
and a Pricing Agreement, pursuant to which it expects to complete an offering
of 8,000,000 of Everest Re Capital Trust's preferred shares (the "Preferred
Shares"), or up to 9,000,000 Preferred Shares if the underwriters'
over-allotment option is exercised, pursuant to the Registration Statement on
Form S-3 (File No. 333-97367), including the Prospectus, as supplemented, filed
with the Securities and Exchange Commission on November 12, 2002, pursuant to
Rule 424(b)(5). Executed copies of the Underwriting Agreement and the Pricing
Agreement relating to the Preferred Shares are included as exhibits hereto and
are incorporated herein by reference.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
Exhibit No. Document Description
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1.1 Underwriting Agreement, dated November 8, 2002, among
Salomon Smith Barney, Inc., as Representative for the
Underwriters named in Schedule I thereto, and Everest
Reinsurance Holdings, Inc. and Everest Re Capital Trust.
1.2 Pricing Agreement, dated November 8, 2002, among Salomon
Smith Barney, Inc., as Representative for the Underwriters
named in Schedule I thereto, and Everest Reinsurance
Holdings, Inc. and Everest Re Capital Trust.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Dated: November 13, 2002
By: /s/ Stephen L. Limauro
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Name: Stephen L. Limauro
Title: Executive Vice President and Chief
Financial Officer
EXHIBIT INDEX
Exhibit Description of Document
Number
1.1 Underwriting Agreement, dated November 8, 2002, among Salomon
Smith Barney, Inc., as Representative for the Underwriters named
in Schedule I thereto, and Everest Reinsurance Holdings, Inc. and
Everest Re Capital Trust.
1.2 Pricing Agreement, dated November 8, 2002, among Salomon Smith
Barney, Inc., as Representative for the Underwriters named in
Schedule I thereto, and Everest Reinsurance Holdings, Inc. and
Everest Re Capital Trust.