Appleby advised Convex in connection with its debut bond offering in the London Regulation S market
Published: 10 Feb 2026
Type: Deals
Appleby advised Convex Group Limited in connection with its debut bond offering in the London Regulation S market. The offering consisted of $600 million 6.5% Fixed Rate Reset Callable Subordinated Notes due 2046, issued on 21 January 2026 (Notes).
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The Notes were approved by the Bermuda Monetary Authority as Tier 2 Capital in accordance with the Insurance (Group Supervision) Rules 2011.
The Appleby team was comprised of Brad Adderley, Max Tetlow, George McCallum and Milaun Perott.
