Willkie Farr & Gallagher Acts For RenaissanceRe
International law fim Willkie Farr & Gallagher LLP is representing RenaissanceRe Holdings Ltd. in the $275 million public equity offering announced by the Bermuda reinsurer earlier this month.
RenaissanceRe has agreed to sell in an underwritten public offering $275 million aggregate liquidation preference of its 5.375 percent Series E Preference Shares, or 11 million shares, with a liquidation preference of $25 per share. Wells Fargo Securities, LLC, Citigroup Global Markets Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated are serving as joint book-running managers for the offering, which is expected to close tomorrow [May 28].
Based in Bermuda, RenaissanceRe is a global provider of reinsurance and insurance. The deal was handled by Wilkie Farr & Gallagher partners Robert Stebbins and Henry Cohn, counsel Arthur Lynch and associates Sean Ewen, Joseph Antignani, Christopher Wall and Tyler Ladner.
Founded in 1888, Willkie Farr & Gallagher LLP is an international law firm with eight offices in six countries. The firm has cultivated a strong corporate practice focused on investment funds, bankruptcy and intellectual property. The firm has approximately 600 lawyers and staff attorneys. Major clients include financial news company Bloomberg LP.
Former New York Governor Mario Cuomo has been of counsel with Willkie Farr & Gallagher since leaving office in 1995.
