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Conyers advises AXIS Specialty Finance PLC on the issuance of US$350 million 4.0% Senior Notes due 2027

Conyers Dill & Pearman advised AXIS Specialty Finance PLC (the “Company”) on the issuance of US$350 million aggregate principal amount of 4.0% Senior Notes due 2027, fully and unconditionally guaranteed by its parent company, AXIS Capital Holdings Limited (NYSE:AXS) pursuant to an effective shelf registration statement.

The Company intends to use the proceeds from any notes offering for repayment or redemption of its 2.65% Senior Notes due 2019 and for general corporate purposes. The offering closed on 6 December, 2017.

The Company will apply to list the notes on the Bermuda Stock Exchange. Credit Suisse Securities (USA) LLC, Barclays Capital Inc., Citigroup Global Markets Inc. and HSBC Securities (USA) Inc. acted as the joint book-running managers for the offering.

Director Graham Collis and Associate Sarah Lusher of Conyers’ Bermuda office worked on the matter.

 


Graham B.R. Collis
Director, Head of Bermuda Corporate

BERMUDA   +1 441 299 4965


Sarah Lusher
Associate

Bermuda   +1 441 298 7889


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Deals & Transactions

Conyers advises AXIS Specialty Finance PLC on the issuance of US$350 million 4.0% Senior Notes due 2027

06 December 2017 Graham B.R. Collis Sarah Lusher

Conyers Dill & Pearman advised AXIS Specialty Finance PLC (the “Company”) on the issuance of US$350 million aggregate principal amount of 4.0% Senior Notes due 2027, fully and unconditionally guaranteed by its parent company, AXIS Capital Holdings Limited (NYSE:AXS) pursuant to an effective shelf registration statement.

The Company intends to use the proceeds from any notes offering for repayment or redemption of its 2.65% Senior Notes due 2019 and for general corporate purposes. The offering closed on 6 December, 2017.

The Company will apply to list the notes on the Bermuda Stock Exchange. Credit Suisse Securities (USA) LLC, Barclays Capital Inc., Citigroup Global Markets Inc. and HSBC Securities (USA) Inc. acted as the joint book-running managers for the offering.

Director Graham Collis and Associate Sarah Lusher of Conyers’ Bermuda office worked on the matter.

 


Graham B.R. Collis
Director, Head of Bermuda Corporate

BERMUDA   +1 441 299 4965


Sarah Lusher
Associate

Bermuda   +1 441 298 7889


 

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Bermuda


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Bermuda