November 14, 2023
Willkie represented Hamilton Insurance Group, Ltd. (HG) in connection with its initial public offering on the New York Stock Exchange.
HG is a global specialty insurance and reinsurance company founded in Bermuda in 2013 which operations in Lloyd’s of London, Ireland, Bermuda and the United States.
The initial public offering consisted of both a primary issuance of 6,250,000 Class B common shares by HG and a secondary sale of 8,750,000 Class B common shares by HG’s existing shareholders, at a price of $15.00 per share. The net proceeds from the offering were $225 million, of which the proceeds to HG were approximately $80.6 million. HG intends to use the proceeds to make capital contributions to its insurance and reinsurance operating. The Class B common shares began trading on the New York Stock Exchange on November 10, 2023, under the ticker symbol “HG”.
The Willkie team was led by Michael Groll and Matthew Stern and included Michael Katz and Arthur Lynch.
HG is a global specialty insurance and reinsurance company founded in Bermuda in 2013 which operations in Lloyd’s of London, Ireland, Bermuda and the United States.
The initial public offering consisted of both a primary issuance of 6,250,000 Class B common shares by HG and a secondary sale of 8,750,000 Class B common shares by HG’s existing shareholders, at a price of $15.00 per share. The net proceeds from the offering were $225 million, of which the proceeds to HG were approximately $80.6 million. HG intends to use the proceeds to make capital contributions to its insurance and reinsurance operating. The Class B common shares began trading on the New York Stock Exchange on November 10, 2023, under the ticker symbol “HG”.
The Willkie team was led by Michael Groll and Matthew Stern and included Michael Katz and Arthur Lynch.
