Conyers provides Bermuda legal advice to Third Point Reinsurance on IPO
Conyers Dill & Pearman has provided Bermuda legal advice to Third Point Reinsurance Ltd on its initial public offering (IPO) of $275,666,075 on the New York Stock Exchange in August 2013.
The company sold nearly 22.1 million shares at $12.50 per share.
The book-running managers for the offering were JP Morgan Securities LLC, Credit Suisse Securities (USA) LLC, Morgan Stanley & Co LLC, BofA Merrill Lynch and Citigroup Global Markets Inc. Aon Benfield Securities Inc, Dowling & Partners Securities LLC, Keefe, Bruyette & Woods Inc, Macquarie Capital (USA) Inc and Sandler O’Neill Partners LP acted as co-managers for the offering.
Third Point Reinsurance Ltd, through its Class 4 reinsurance company Third Point Reinsurance Company Ltd, is a Bermuda-based specialty property and casualty reinsurer.
Marcello Ausenda, Michael Frith and Chiara Nannini from Conyers’ Bermuda office advised on the matter, working alongside Debevoise & Plimpton LLP.
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