Walkers, instructed by Willkie Farr & Gallagher, have acted as Bermuda counsel to London Stock Exchange-listed Lancashire Holdings Limited on its offering of US$400 million in aggregate principal amount of 5.625% fixed-rate reset junior subordinated notes due 2041
. The Notes are receiving “Tier 2 Ancillary Capital” treatment by the Bermuda Monetary Authority and have been admitted to trading on the International Securities Market of the London Stock Exchange.
Lancashire Holdings is a Bermuda-based insurance company operating in Bermuda and London.
The Walkers team included Bermuda partner Peter Dunlop (Picture) and senior associates Nathalie West and Melanie Fullerton.
Law Firms: Walkers Global;
Clients: Lancashire Holdings Limited;