Premia Holdings $510 million capital raise

9/1/2017

Financial investment

Value:

$ 510 million

Status:

Completed

Date:

9/1/2017

Overview:

Bermuda-based reinsurance group Premia Holdings has raised $510 million from investors.
Newly former Premia's founding investors Kelso & Company and Arch Capital Group provided $300 million and $100 million of equity capital, respectively.
Other institutional investors provided $110 million in unsecured debt.

Kurt Stumpo - Journalist

Jurisdiction:

Bermuda

Deal type:

Financial investment

Practice area:

Banking

Industry sector:

Insurance

Firms:

Cahill Gordon & Reindel

Party: Arch Capital Group (Investor)

Clifford Chance

Party: Premia Holdings (Investment target)

Conyers Dill & Pearman

Party: Premia Holdings (Investment target)

Debevoise & Plimpton

Party: Kelso & Company (Investor)

Lawyers: Alexander Cochran, Kevin Schmidt, Rebecca Silberstein

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