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Conyers Dill & Pearman provided Bermuda legal advice to Essent Group Ltd. This was the first IPO of home mortgage issuer in nearly twenty years. Shares traded above the estimated range, valuing the Essent Group at US$1.42 billion.
Michael Frith, Alexandra Macdonald and Chris Garrod of Conyers’ Bermuda office advised on this matter, working alongside Willkie Farr & Gallagher as company counsel and Skadden, Arps, Slate, Meagher & Flom as counsel for the underwriters.