Arch Finance Issues Aggregate $950 Million of Senior Notes

December 15, 2016

Willkie represents underwriters in the public notes offering.

On November 29, Arch Capital Finance LLC, a Delaware limited liability company (“Arch Finance”), and Arch Capital Group Ltd., a Bermuda public company limited by shares (“Arch”), entered into a purchase agreement whereby Arch Finance agreed to sell $500 million 4.011% Senior Notes due 2026 and $450 million 5.031% Senior Notes due 2046, in each case guaranteed by Arch, to certain underwriters for sale to institutional and retail investors. Willkie represented the underwriters. On December 8, Arch, Arch Finance and the underwriters closed on the purchase agreement for $942.75 million.

Arch Capital Group Ltd. writes insurance and reinsurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe, Australia and South Africa, with a focus on specialty lines.

The deal team was led by partners David Boston, Manuel Miranda and Benjamin Nixon.