Enstar Group Limited Announces Expiration and Results of Cash Tender Offer For Junior Subordinated Notes Due 2040
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 17 2025
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Source: Newsfilter
Tender Offer Details: Enstar Group Limited announced the expiration of its cash tender offer for its 5.750% Fixed-Rate Reset Junior Subordinated Notes due 2040, with $232.56 million of the $350 million principal amount validly tendered before the March 14, 2025 deadline.
Settlement Information: The settlement for the accepted notes is expected to occur on March 19, 2025, with holders receiving $1,000 for each $1,000 principal amount plus accrued interest.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
