Randall & Quilter Inv Hldgs Ltd Unsecured floating rate notes (0222U)
March 30 2021 - 12:08PM
UK Regulatory
TIDMRQIH
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.
-Ends-
Randall & Quilter Investment Holdings Ltd.
Ken Randall Tel: +44 (0)7831 145440
William Spiegel 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 Tel: 020 3727 1051
Edward Berry
Tom Blackwell
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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END
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