Conyers advises FloodSmart Re Ltd. on its US$575 million Series 2021-1 note offering and listing

Conyers advised special purpose insurer, FloodSmart Re Ltd. on its new US$575 million catastrophe bond issuance of US$450 million Series 2021-1 Class A Principal At-Risk Variable Rate Notes due March 1, 2024 and US$125 million Series 2021-1 Class B Principal At-Risk Variable Rate Notes due March 1, 2024 which were listed on the Bermuda Stock Exchange.

Alexandra Macdonald, Katie Martin and Aleisha Hollis of Conyers Bermuda office worked on the matter alongside Mayer Brown.

 

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