TROUTMAN SANDERS partner W. Brinkley Dickerson Jr. has two securities offerings on his plate.
Dickerson is advising American Safety Insurance Holdings Ltd. on its $50 million secondary stock offering. American Safety, which is domiciled in Bermuda but has its primary home office in Atlanta, is selling 3.2 million shares at an estimated $15.50 per share. The company will use the proceeds to expand its businesses and possibly pursue acquisitions. American Safety expects to pay Troutman Sanders a legal fee of $215,000 for work on the stock sale, said according to a regulatory filing.
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