RenaissanceRe Announces $300 Million Senior Note Offering by Subsidiary

July 19, 2017

Willkie client RenaissanceRe Holdings Ltd. announced that its subsidiary,  RenaissanceRe Finance Inc., agreed to sell in an underwritten public offering $300 million aggregate principal amount of 3.450% Senior Notes due 2027.

On June 26, Willkie client RenaissanceRe Holdings Ltd. announced that its subsidiary,  RenaissanceRe Finance Inc., agreed to sell in an underwritten public offering $300 million aggregate principal amount of 3.450% Senior Notes due 2027.

RenaissanceRe is a global provider of reinsurance and insurance. The company’s business consists of two reportable segments: (1) Property, which is comprised of catastrophe reinsurance, including certain property catastrophe joint ventures managed by the company’s ventures unit, and other property reinsurance and insurance and (2) Casualty and Specialty, which is comprised of casualty and specialty reinsurance and insurance and certain specialty joint ventures managed by the company’s ventures unit. Established in 1993, RenaissanceRe has offices in Bermuda, Ireland, Singapore, the United Kingdom and the United States.

The deal was handled by partner Sean Ewen, associates Jonathan Kubek and Christine Centola, and due diligence attorney Marta Ferrari.