March 12 RenRe North America Holdings Inc, a
subsidiary of RenaissanceRe Holdings Ltd (RNR.N), sold $250
million of senior unsecured notes on Friday, said IFR, a
Thomson Reuters service.
The notes were guaranteed by RenaissanceRe Holdings Ltd.
Bank of America-Merrill Lynch and Citigroup were the joint
bookrunning managers for the sale.
BORROWER: RENRE NORTH AMERICA HOLDINGS INC
AMT $250 MLN COUPON 5.75 PCT MATURITY 3/15/2020
TYPE SR NOTES ISS PRICE 99.633 FIRST PAY 9/15/2010
MOODY'S A3 YIELD 5.799 PCT SETTLEMENT 3/17/2010
S&P SINGLE-A SPREAD 210 BPS PAY FREQ SEMI-ANNUAL
FITCH BBB-PLUS MORE THAN TREAS MAKE-WHOLE-CALL 30 BPS