TigerRisk Capital Markets & Advisory advises Ark Insurance Holdings Ltd in $164M subordinated notes issuance

TigerRisk Capital Markets & Advisory (“TCMA”) is delighted to announce that it has advised Ark Insurance Holdings Ltd (“Ark” or the “Company”) in its $164M subordinated notes issuance. This transaction, split between Euros and US Dollars, represents the largest private debt transaction completed by a Lloyd’s of London insurer. The issued floating rate notes, which were placed with a small number of private investors, qualify as Tier 2 capital under Bermuda’s solvency capital regime and are rated “bbb+” by A.M. Best.