Sign Up
Login

Fidelis issues $300m of senior notes

Written by Adam Cadle
19/06/2020

Fidelis has announced the closing of its offering of $300m aggregate principal amount of 4.875% senior notes due 2030.

The notes have a 10-year maturity and a fixed-rate coupon of 4.875% payable semi-annually, and have received Tier 3 capital treatment under the Bermuda Monetary Authority’s group supervision rules.

Following the announcement by the company last week of its committed equity funding of $500m, the offering of the notes brings the aggregate capital committed to be raised by the company in the last six months to over $1bn, taking Fidelis’ total capital to over $2bn.

Related Articles

  There are no related documents to show at this time.

Pictet-roundtable

DIVERSIFIED PRIVATE CREDIT
Editor Adam Cadle talks to BNP Paribas Asset Management head of pension solutions Julien Halfon about investing in diversified private credit

IAM Awards 2019 Winners

European Loans roundtable

Emerging Market Debt
Editor Adam Cadle talks to BNP Paribas Asset Management head of emerging markets debt Bryan Carter about the asset class and the opportunities in this space
Most read stories...
HSBC: Asian credit
Adam Cadle talks to HSBC Global Asset Management global head of insurance segment Andries Hoekema and head of insurance business EMEA Deepak Seeburrun about investing in Asian credit for European insurers
Financial Results
World Markets (15 minute+ time delay)

BNP Paribas roundtable

ETFs roundtable

Iame roundtable May 2018

iame-roundtable2017