Elizabeth Blankendal

Associate

Elizabeth Blankendal is an Associate in the Corporate department of Conyers Dill & Pearman in the Bermuda office. She joined Conyers in 2017.

Elizabeth has a broad corporate practice and advises on all aspects of Bermuda corporate law, including mergers and acquisitions, reorganizations, re-domestications, securities, insurance, financing and shipping. Elizabeth is also a member of the firm’s Fintech team and advises clients on the Bermuda digital asset business legislative framework.

Jurisdiction

Experience

  • Advised J.P. Morgan on its development, in partnership with Swiss Re, of a hybrid transaction, the first of its kind, to combine bank financing and insurance-linked securities in order to protect Swiss Re for severe underwriting-related losses over a five-year period.
  • Advised Digicel Holdings (Bermuda) Limited (“Holdings”) and Digicel International Finance Limited (“DIFL”) in connection with the offering by Holdings and DIFL of an aggregate of US$600 million of 8.750% senior secured notes due 2024.
  • Advised START II Ltd and START Holding II Ltd in connection with its US$597 million asset back securitization.
  • Advised on the Bermuda law aspects of CAL Funding III Limited (“CAL Funding III”), an indirect wholly-owned subsidiary of NYSE listed CAI International, Inc., issued on 19 September 2018. The offering consisted of US$331.5 million of 4.34% Series 2018-2 Fixed Rate Asset-Backed Notes, Class A (“Series 2018-2 Notes Class A”) and US$12 million of 5.22% Series 2018-2 Fixed Rate Asset-Backed Notes, Class B (“Series 2018-2 Notes Class B”).
  • Provided Bermuda legal advice to Digicel on its Exchange Offer in connection with its US$3 billion debt restructuring.
  • Advised Seadrill Group on its restructuring and emergence from Chapter 11, including the issuance of US$880 million of secured notes and 100 million common shares and the listing thereof on the NYSE.

Qualifications

Education

  • University of Bristol, LLB (Hons), 2016
  • BPP University, Legal Practice Course, 2017
  • BPP University, MA in Business, 2019

Bar Admissions

  • Bermuda, Barrister and Attorney, 2018