FloodSmart Re Ltd.’s $575 Million Notes Offering

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.

Involved fees earner: Aleisha Hollis – Conyers Dill & Pearman; Alexandra Macdonald – Conyers Dill & Pearman; Katie Martin – Conyers Dill & Pearman;

Law Firms: Conyers Dill & Pearman;

Clients: FloodSmart Re Ltd;

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