Jul 2024
Conyers advised Kilimanjaro II Re Limited on its US$75 million Series Class A and US$125 million Series Class B note offering and listing.
Conyers advised special purpose insurer, Kilimanjaro II Re Limited on its new catastrophe bond issuance of US$75,000,000 Series 2024-1 Class A Principal-at-Risk Variable Rate Notes due 30 June 2028 and US$125,000,000 Series 2024-1 Class B Principal-at-Risk Variable Rate Notes due 30 June 2028, under a Principal At-Risk Variable Rate Program, which were listed on the Bermuda Stock Exchange.
Director Alexandra Macdonald, Associate, Lauren Pereira, and Associate Ashley Bento,advised on the matter, working alongside Mayer Brown LLP.