Scroll Top


No Fees Unless You Collect

Latham & Watkins Advises on Fidelis Insurance Holdings Limited’s IPO

Fidelis Insurance Holdings Limited, a global (re)insurance company, headquartered in Bermuda with offices in Ireland and the United Kingdom, has announced the pricing of its initial public offering of an aggregate of 15,000,000 common shares at a price to the public of US$14.00 per common share. Of the offered shares, 7,142,857 are being offered by the Company and 7,857,143 are being offered by certain of the Company’s existing shareholders. In addition, the underwriters have been granted a 30-day option to buy up to an additional 2,250,000 common shares from the selling shareholders at the initial public offering price, less underwriting discounts and commissions. The common shares are expected to begin trading on the New York Stock Exchange under the ticker symbol “FIHL” on June 29, 2023, and the offering is expected to close on July 3, 2023, subject to the satisfaction of customary closing conditions.Latham & Watkins LLP represents the underwriters in the offering with a corporate team led by partners Gary Boss, Benjamin Cohen, and Kirsten Gaeta, with associates Hana Nah and Nick Gonzalez. Advice was also provided on environmental, social, and governance (ESG) matters by partner Betty Huber, with associate Karmpreet Grewal; on benefits & compensation matters by partner Bradd Williamson, with associate Alisa Hand; on sanctions matters by counsel Andrew Galdes, with associate Jessie Michelin; on tax matters by partner Elena Romanova, with associate Aaron Bernstein; on UK tax matters by partner Karl Mah, with associate Aaron Bradley; on data privacy & security matters by partner Jennifer Archie, with associate Adriana Beach; and on UK/EU data privacy & security matters by partner Fiona Maclean, with associate Timothy Neo.

Powered by WPeMatico

Related Posts

Call Now