Jun 2020
Conyers represented Partner Re Ltd. in connection with the issuance of, through its indirectly wholly owned subsidiary PartnerRe Finance B LLC (“PRE Finance B”), US$500 million of 10-year fixed rate 3.700% Senior Notes, pursuant to its currently effective shelf registration statement. The Notes are fully and unconditionally guaranteed by PartnerRe Ltd. and have a maturity of July 2, 2029. PRE Finance B intends to use the net proceeds towards the redemption of its outstanding US$500 million aggregate principal amount 5.500% Senior Notes due 2020.
Directors Chiara Nannini and Jennifer Panchaud of Conyers’ Bermuda office advised on the matter alongside Sullivan & Cromwell LLP.