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Conyers advises Bellemeade Re Ltd. on the completion of its US$298 million securitization of mortgage insurance portfolio risks

Conyers advised Bellemeade Re Ltd. on the completion of the first securitization of mortgage insurance portfolio risks since the mid-2000s.

Bellemeade Re Ltd. issued US$298,888,000 Series 2015-1 Mortgage Insurance Linked Notes comprised of US$140,168,000 Class M-1 Series 2015-1 Mortgage insurance Linked Notes due July 25, 2025, US$144,291,000 Class M-2 Series 2015-1 Mortgage Insurance Linked Notes due July 25, 2025 and US$14,429,000 Class B-1 Series 2015-1 Mortgage Insurance Linked Notes due July 25, 2025.

Charles Collis and Alexandra Macdonald advised on the matter.

 


Charles G.R. Collis
Director, Head of Bermuda Insurance Practice

Bermuda   +1 441 299 4918



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