Epstein Secrets

n to the source of Validus Holdings' earnings and profits for the year in which the dividend is paid. Any amounts required to be included in a U.S. Holder's gross income under the CFC rules or the RPII rules described below, and any amounts treated as dividends under Section 1248 of the Code, would als

muda (441) 278-9000 S-48 EFTA00618256 PROSPECTUS VALIDUS GROUP Validus Holdings, Ltd. Common Shares, Preference Shares, Depositary• Shares, Debt Securities, Warrants to Purchase Common Shares, Warrants to Purchase Preference Shares, Warrants to Purchase Debt Securities, Share Purchase Contracts, Share

tion 988 of the Code. Although not clear, a U.S. Holder (as defined in the accompanying prospectus suppl

wing an event of default, you will not be entitled to any additional payments with respect to the Notes. For more information, see "Description of Debt Securities — Senior Debt Securities — Events of Default" in the accompanying prospectus. Supplemental Plan of Distribution (Conflicts of Interest) Pursuant t

THE PARTICULAR CIRCUMSTANCES OF EACH PROSPECTIVE HOLDER AND, IN REVIEWING THIS OFFERING CIRCULAR, THESE

firm, as stated in their report, which is incorporated herein by reference. S-66 EFTA00613300 PROSPECTUS l APOLLO Apollo Global Management, LLC Debt Securities; Class A Shares, Representing Class A Limited Liability Company Interests; Preferred Shares. Representing Limited Liability Company Interests; Depos