Jul 2023
Conyers is pleased to have acted as Bermuda counsel to Fidelis Insurance Holdings Limited in connection with its initial public offering on the New York Stock Exchange (NYSE).
Fidelis, which is headquartered in Bermuda and has offices in Ireland and the United Kingdom, began trading on the NYSE on 29 June 2023 under the ticker symbol FIHL. The initial offering of an aggregate of 15 million common shares — 7,142,857 offered by the company and 7,857,143 offered by existing shareholders — closed on 3 July and was expected to raise up to US$241.5 million.
The Conyers team was led by director Alexandra Macdonald, who was assisted by associates Katherine Martin and Hailey Edwards. They worked alongside Willkie Farr & Gallagher London on the deal.