September 18, 2009, 2009 (FinancialWire) — Markel Corp. (NYSE: MKL) said it has priced a public offering of $350 million of 7.125% senior notes due 2019. Barclays Capital (NYSE: BCS) and Wells Fargo Securities (NYSE: WFC) are the joint bookrunning managers.

The company said it will use the net proceeds for general corporate purposes, including acquisitions. The offering is scheduled to close on September 22.

Richmond, Virginia-based Markel markets and underwrites specialty insurance products and programs to a range of niche markets.

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