Archive for June 24th, 2011
Maiden Holdings Closes $107.5m Debt Offer
Bermuda based Maiden Holdings, Ltd. announced that its wholly-owned U.S. holding company, Maiden Holdings North America, Ltd. has closed its offering of $107.5 million aggregate principal amount of 8.25% Senior Notes due June 15, 2041, including $7.5 million aggregate principal amount of Notes to be issued and sold by Maiden NA pursuant to the underwriters’... Read more of this article
Caribbean Champs: Six Swimmers To Compete
Ben Smith, National Coach and Sharks Swim Club Head Coach, spoke on the upcoming Caribbean Championships that will be held in Mayaguez Puerto Rico from the 26th of June till the 2nd of July. “We set a high standard for this competition as this meet attracts the best swimmers in our region,” said Mr Smith. “The team will be made up... Read more of this article
Man Arrested In Connection With Stabbing
A 25 year old man was arrested in connection with the stabbing that occurred early yesterday [June 23] morning at Woody’s in Sandys parish. As of this afternoon, the victim is listed in stable on a general ward. A Police spokesman said, “A 25 year old Sandys parish man has been arrested in connection with the assault that occurred around... Read more of this article
Cricket: Three Players Suspended
The Bermuda Cricket Board confirm the results from the Disciplinary Committee hearings held yesterday [June 23]. Dean Stephens, Ricardo Brangman Sr, and Dennis Williams – all from Devonshire Recreation Club – will be banned from between 4-10 matches. The BCB statement follows below: Dean Stephens (Devonshire Recreation Club) Based on evidence... Read more of this article
Validus Estimates Storms at $55-75 Million
Bermuda based re/insurer Validus Holdings, Ltd. provided an initial estimate of combined losses from two severe storms in the United States which took place during April, 2011 and May, 2011, respectively. The storms, identified as Property Claim Services No. 46 and No. 48, consisted of flooding, hail, tornadoes and wind and took place from April 22,... Read more of this article
Upcoming: Chewstick Songwriting Workshop
After its success as part of their second Paget Island Retreat, The Chewstick Foundation is presenting a 2-hour songwriters’ collaboration workshop. It will take place, Sunday, June 26th and will briefly cover lyric writing and the formulation of a hit song. The workshop will allow the opportunity for participants to interact with other artists and... Read more of this article
Day Against Drug Abuse & Illicit Trafficking
Attorney General and Minister of Justice Michael Scott today [June 24] spoke on the upcoming “International Day against Drug Abuse and Illicit Trafficking” which takes place this coming Sunday. [June 26]. The International Day against Drug Abuse and Illicit Trafficking is a United Nations International Day against drug abuse and the illegal drug... Read more of this article
Football: ISL Triple Headers This Weekend
Week #2 of the 2011 Lindo’s ISL season is this Saturday and Sunday at National Stadium, with both days featuring triple headers. Tomorrow [June 24] the Storm look to get back on the winning track when they play the Apex at 4 pm. The Knights will try for their eighth consecutive regular season victory when they take on the 1-0 Titans at 6 pm. And John... Read more of this article
Alleged Intruder Remains In ICU
As of noon today [June 24], the 33-year-old man who sustained injuries after he allegedly broke into someone’s home is listed as in stable condition in the Intensive Care Unit of King Edward Memorial Hospital. He has been hospitalized in the ICU for four days, with his condition being downgraded from critical to stable. Early Monday morning [June... Read more of this article
Premier’s Statement On $200 Million Loan Facility
This morning [June 24] Minister of Finance and Premier Paula Cox spoke in the House of Assembly saying that the “Government finance team has been able to successfully negotiate a BD$200,000,000 3 year term loan facility agreement with Butterfield Bank Limited.” Premier Cox said the strategy for 2011/12 is to borrow in Bermuda in Bermuda... Read more of this article
Cricket: Young Men’s Social Club Withdraw
The Bermuda Cricket Board [BCB] confirmed today [June 24] that Young Men’s Social Club have officially withdrawn themselves from all BCB cricket for the remainder of the 2011 season due to a lack of player personnel available. Mr. Reginald Pearman, President, stated, “It is unfortunate to receive Young Men’s Social Club’s withdrawal... Read more of this article
Video: R&B Singer Mario Releases ‘Bermuda’
American R&B singer Mario has released a new song entitled ‘Bermuda,’ with the song saying “I am talking about Bermuda, that’s where I want to go.” It has been a two year hiatus since the singer has released a new song, and his online fans have greeted the song with mixed reviews. Mario is best known for his hit... Read more of this article
