Conyers advised special purpose insurer, Mona Lisa Re Ltd. on its new catastrophe bond issuance of US$175 million Series 2025-1 Class A Principal-at-Risk Variable Rate Notes due 8 January 2029 and US$175 million Series 2025-1 Class B Principal-at-Risk Variable Rate Notes due 7 January 2028, under a Principal At-Risk Variable Rate Program, which were listed on the Bermuda Stock Exchange.

Conyers Director Alexandra Macdonald and Associate Celine Collis advised on this matter.

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