Conyers, alongside Mayer Brown, advised special purpose insurer, FloodSmart Re Ltd. on its Series 2021-1 note offering and listing.
FloodSmart Re Ltd. announced its new US$575 million catastrophe bond issuance of US$450 million Series 2021-1 Class A Principal At-Risk Variable Rate Notes due March 1, 2024 and US$125 million Series 2021-1 Class B Principal At-Risk Variable Rate Notes due March 1, 2024 which were listed on the Bermuda Stock Exchange.
FloodSmart Re Ltd. is a speciel purpose Bermuda company.
The Conyers team included Alexandra Macdonald (Picture), Katie Martin and Aleisha Hollis.
Law Firms: Conyers Dill & Pearman;
Clients: FloodSmart Re Ltd;