EFTA00644832.pdf

From: Richard Kahn To: "jeffrey E." <[email protected]> Subject: Fwd: New Issue $25 Par: National General Holdings Corp (NGHC) Non-Cumulative Preferred Stock: 7.50 - 7.625% Date: The, 24 Mar 2015 15:20:15 +0000 Attachments: NGHC_-_Bannerless_Preliminary_Prospectus_Supplement.pdf please advise if you have any interest http://finance.yahoo.com/q/pr?s—NGHC+Profile Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 Begin forwarded message: From: "Atlas, Andrew S" < To: "Richard Kahn ) Subject: New Issue $25 Par: National General Holdings Corp (NGHC) Non-Cumulative Preferred Stock: 7.50 - 7.625% Date: March 24, 2015 at 10:53:46 AM EDT Hey Rich, Please see the details on a new issue preferred Morgan Stanley is pricing today. Any questions please don't hesitate to call. Best, Andrew $25 Par New Issue Syndicate Offering: National General Holdings Corp (NGHC) Issuer: National General Holdings Corp ( Ticker: NGHC ) Size: $50mm (2mm $25 par shares) Expected Ratings: NR/NR Maturity: Perpetual Price Talk: 7.50% - 7.625% Offer Price: $25 per depositary share EFTA00644832 Dividends: Payable when, as and if declared on the 15th of January, April, July and October beginning on 7/15/15, Fixed for life Optional Redemption: Callable at par on or after 4/15/2020 Use of Proceeds: General corporate purposes, including future acquisitions and to support our current and future policy writings. DRD/QDI Eligible: Yes, See Red for tax and withholding details NRA Suitable: No Listing: NASDAQ Expected Andrew S. Atlas Financial Advisor Equity Sales/Middle Markets Group Morgan Stanley Wealth Management Midtown Manhattan Complex 1290 Avenue of the Americas, 1Z" Floor I New York, NY 10104 Important Notice to Recipients: Please do not use e-mail to request, authorize or effect the purchase or sale of any security or commodity. Unfortunately, we cannot execute such instructions provided in e-mail. Thank you. The sender of this e-mail is an employee of Morgan Stanley Smith Barney LLC ("Morgan Stanley"). If you have received this communication in error, please destroy all electronic and paper copies and notify the sender immediately. Erroneous transmission is not intended to waive confidentiality or privilege. Morgan Stanley reserves the right, to the extent permitted under applicable law. to monitor electronic communications. This message is subject to terms available at the following link: http://www.morganstanley.com/disclaimers/mssbemail.html. If you cannot access this link, please notify us by reply message and we will send the contents to you. By messaging with Morgan Stanley you consent to the foregoing. EFTA00644833