Apr 2025
Conyers advised special purpose insurer Sakura Re Ltd. on its US$150 million catastrophe bond issuance, comprising Series 2025-1 Class A Principal At-Risk Variable Rate Notes due 5 April 2029. The notes were listed on the Bermuda Stock Exchange.
Director Alexandra Macdonald and Associate Celine Collis of Conyers’ Bermuda office advised on the matter, working alongside Mayer Brown LLP, Mayer Brown International LLP and Cadwalader, Wickersham & Taft LLP.