Conyers advised Merna Re II Ltd, a Bermuda SPI sponsored by State Farm, on its latest cat bond transaction including the issuance of US$350,000,000 Series 2021-1 Principal At-Risk Variable Rate Notes. Conyers’ role included facilitating the listing of the notes on the Bermuda Stock Exchange and providing Bermuda law advice to the company up to closing.

Conyers Director Alexandra Macdonald and Associate Amber Wilson advised on this matter, working alongside Sidley Austin LLP.

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