REG - Randall & Quilter Ld - Unsecured floating rate notes

R&Q Insurance HoldingsAnnouncement

30/03/2021 17:10

RNS Number : 0222U
  
Randall & Quilter Inv Hldgs Ltd
  
30 March 2021
  
 

30 March 2021
Randall & Quilter Investment Holdings Ltd.
$70 million senior unsecured floating rate notes due 2028 (the "Notes")
Notice of passing of a Written Resolution
Randall & Quilter Investment Holdings Ltd. (the "Issuer") announces that the written Noteholders' resolution put to the Noteholders on 24 March 2021 (the "Resolution") has been passed by the requisite majority.   The Issuer and Deutsche Trustee Company Limited, the trustee of the Notes (the "Trustee") have executed the required legal documentation and the changes to terms and conditions applicable to the Notes proposed in the Resolution have become effective from today's date.
The information in this notice has been provided by the Issuer. The Trustee expressly bears no liability whatsoever related to such information. 
 
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Randall & Quilter Investment Holdings Ltd. 








Ken Randall 
William Spiegel
 


Tel: +44 (0)7831 145440 
Tel: +001 917 826 5877




Numis Securities Limited (Nominated Adviser)




Stuart Skinner 


Tel: 020 7260 1000 




Charles Farquhar 


Tel: 020 7260 1000 




 
Barclays Bank PLC (Joint Corporate Broker)
Mark Astaire                                                                               Tel: 020 7632 2322 
Milan Solanki                                       
 














FTI Consulting                                                              
Edward Berry
Tom Blackwell
 


Tel: 020 3727 1051



















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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