RenaissanceRe Completes $400 Million Senior Notes Offering

April 18, 2019

Willkie client RenaissanceRe Holdings Ltd. completed its offering of $400 million aggregate principal amount of 3.600% Senior Notes due 2029.

On April 2, Willkie client RenaissanceRe Holdings Ltd. completed its offering of $400 million aggregate principal amount of 3.600% Senior Notes due 2029. Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC served as joint book-running managers for the offering.

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, and associates Lindsay Reed, Andy Marmer, and Andrew Kim.