Debevoise & Plimpton Advised Resolution Life In Its USD 750 Million Tier 2 Notes Offering

Debevoise & Plimpton advised Resolution Life in its USD 750 million Tier 2 notes offering

Debevoise & Plimpton LLP advised Resolution Life on its offering of USD 750 million 6.75% notes due 2035 (“Notes”). The Notes qualify as Tier 2 regulatory capital under the Bermuda Insurance (Group Supervision) Rules.

The Notes were offered outside the United States to non-U.S. persons in accordance with Regulation S under the U.S. Securities Act of 1933, as amended, and have been admitted to trading on the International Securities Market of the London Stock Exchange.

Resolution Life is a global life insurance group focused on reinsurance and the acquisition and management of portfolios of life insurance policies.

The Debevoise team was led by Nicholas Pellicani (Partner), with support from Gavin Benson (Associate) and Zhenya Lebedev (Associate). Tax advice was provided by Daniel Priest (Partner) and Sabrina Hsieh (Associate).

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