Listing of Floating Rate Notes

RNS Number : 2312T

Randall & Quilter Inv Hldgs Ltd

23 March 2021

 

23 March 2021

Randall & Quilter Investment Holdings Ltd.

Listing of Unsecured Floating Rate Subordinated Notes

Randall & Quilter Investment Holdings Ltd. (AIM:RQIH) (the "Company"), the leading non-life global specialty insurance company focussing on Program Management and Legacy Insurance businesses, is pleased to announce that application has been made to the Irish Stock Exchange plc, trading as Euronext Dublin ("Euronext Dublin") for its $125 million unsecured floating rate subordinated notes due 2033 (the "Notes") to be admitted to the Official List and trading on the Global Exchange Market.

Admission is expected to take place on or before 31 March 2021 under the ISIN XS2261165679.

The Notes were issued on 16 December 2020 and will not be rated by any rating agency.

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Randall & Quilter Investment Holdings Ltd. Ken Randall William Spiegel Tel: [phone] Tel: [phone] Numis Securities Limited (Nominated Adviser) Stuart Skinner Tel: [phone] Charles Farquhar Tel: [phone] Barclays Bank PLC ( Joint Corporate Broker) Mark Astaire  Tel: [phone] Milan Solanki       FTI Consulting  Edward Berry Tom Blackwell Tel: [phone]

Notes to Editors:

About R&Q 

R&Q is a non-life global specialty insurance company operating two core, highly complementary, businesses: Program Management and Legacy Insurance. Both these businesses are leaders in markets with high barriers to entry and significant secular growth opportunities. 

Legacy Insurance generates profits and capital extractions from expert management of legacy non-life insurance portfolios. Program Management generates commission income from its licensed (and rated) carriers in the US, EU and the UK, writing niche and profitable program business, largely on behalf of highly rated reinsurers.

Legal Entity Identifier (LEI): 2138006K1U38QCGLFC94

Website: www.rqih.com

 

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