Conyers advised special purpose insurer Wrigley Re Ltd. on its US$250 million catastrophe bond issuance of US$100 million Series 2023-1 Class A Principal At-Risk Variable Rate Notes and US$150 million Series 2023-1 Class B Principal At-Risk Variable Rate Notes. Both sets of notes are due 7 August 2026 and were listed on the Bermuda Stock Exchange.

Director Alexandra Macdonald and Associate Hailey Edwards of Conyers’ Bermuda office advised on the matter, working alongside Mayer Brown LLP, Mayer Brown International LLP and Sidley Austin LLP.

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