Kathleen McBeath
Senior Associate
Kathleen McBeath is a Senior Associate in the Bermuda Corporate practice.
Kathleen’s practice includes all aspects of general corporate and commercial law, including mergers and acquisitions, IPOs and direct listings, private placements, equity and debt financing as well as re-domestications. Kathleen also regularly advises on matters of insurance law and regulation, including the licensing and ongoing regulatory obligations of all classes of (re)insurance companies.
Jurisdiction
Experience
- Advised Aircastle Limited in connection with the offering of US$500 million aggregate principal amount of its 5.250% senior notes due 2030 (the “Notes”) and the listing of the Notes on the Bermuda Stock Exchange.
- Advised New Fortress Energy Inc. (Nasdaq: NFE), global energy infrastructure company, on the sale of its assets and operations in Jamaica to Excelerate Energy, Inc. (NYSE: EE) for US$1.055 billion.
- Advised FGH Parent, L.P. and its subsidiaries (together “Fortitude Re”), a Bermuda regulated insurance group, on its inaugural US$750 million senior note offering.
- Advised on the establishment and licensing of MMIFS Re Ltd. a special purpose insurer, sponsored by TD Insurance.
- Advised SageSure Holdings, LLC on its acquisition of GeoVera Advantage Insurance Services, LLC. The transaction includes SageSure’s investment in GeoVera Nova Holdings, Inc. (“GeoVera Nova”), which has acquired GeoVera Insurance Holdings, Ltd.’s insurance carrier businesses by way of a merger with a Bermuda subsidiary of GeoVera Nova.
- Advised MetLife, Inc. (“MetLife”) on the structuring, formation and launch of Chariot Reinsurance, Ltd. (“Chariot Re”) and its affiliated holding entities.
- Advised special purpose insurer Herbie Re Ltd. on its US$375 million catastrophe bond issuance.
- Assisted the Probitas Group in the acquisition of its ultimate holding company, Probitas Holdings (Bermuda) Limited by UK insurer Aviva Plc for GBP242 million.
- Advised Viking Holdings Ltd. (“Viking”) on its initial public offering (“IPO”) on the New York Stock Exchange (NYSE: VIK). With US$1.77 billion of shares sold to the market, Viking’s IPO is the biggest US stock market debut of 2024.
Qualifications
Education
- University College London, MA Public Diplomacy and Global Communication, 2020
- BPP University, Legal Practice Course, 2019
- Durham University, LLB (Hons), 2018
Bar Admissions
- Bermuda, Barrister and Attorney, 2021