Oct 2020
Conyers advised special purpose insurer, Herbie Re Ltd. on its $275m catastrophe bond issuance of US$100,000,000 Series 2020-2 Class A Principal-at-Risk Variable Rate Notes due January 8, 2025, US$150,000,000 Series 2020-2 Class B Principal at-Risk Variable Rate Notes due January 8, 2025 and US$25,000,000 Series 2020-2 Class C Principal at-Risk Variable Rate Notes due January 6, 2023, which were listed on the Bermuda Stock Exchange.
Conyers Director Alexandra Macdonald and Associate Katie Martin advised on this matter, working alongside Wilkie Farr & Gallagher LLP.