Listing of Senior Unsecured Floating Rate Notes

RNS Number : 7324T

Randall & Quilter Inv Hldgs Ltd

25 March 2019

 

Randall & Quilter Investment Holdings Ltd.

Listing of Senior Unsecured Floating Rate Notes

25 March 2019

Randall & Quilter Investment Holdings Ltd. (AIM:RQIH) (the "Company"), the global program underwriting management and legacy acquisitions specialist, is pleased to announce that application has been made to the Irish Stock Exchange plc, trading as Euronext Dublin ("Euronext Dublin") for its $70 million senior unsecured floating rate notes due 2028 (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 27 March 2019 under the ISIN XS1926956274.

The Notes were issued on 28 December 2018 and will not be rated by any rating agency.

Ends

Enquiries to:

Randall & Quilter Investment Holdings Ltd. Ken Randall	www.rqih.com [phone]
Numis Securities Limited Stuart Skinner (NOMAD) Charles Farquhar (Corporate Broker)	[phone]
FTI Consulting Edward Berry Tom Blackwell	[phone]

Notes to Editors:

About R&Q 

The overall mission of the Bermuda based Group is to:

·    Generate profits and capital extractions from expert management of legacy non-life insurance acquisitions/ reinsurances, including in Lloyd's; and 

·    Grow commission income from its licensed (and rated) carriers in the US and EU/UK, writing niche and profitable program business, largely on behalf of highly rated reinsurers.

Our aim is to continue to grow sustainable profit streams to support our business model and increase book value and cash distributions to shareholders. 

The Group was founded by Ken Randall and Alan Quilter in 1991.

Legal Entity Identifier (LEI): 2138006K1U38QCGLFC94

Website: www.rqih.com

 

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