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Certain Eagle Re Entities - Tender Offer - Results

Certain Eagle Re Entities Announce Results of Tender Offers for Certain Outstanding Series 2019-1 and 2020-1 Mortgage Insurance-Linked Notes

03 JULY 2023


Full announcement including disclaimers and offer restrictions available via PRN (Source: Eagle Re 2019-1, Eagle Re 2020-1)


"HAMILTON, Bermuda, July 3, 2023 /PRNewswire/ -- Eagle Re 2019-1 Ltd. ("EMIR 2019-1") and Eagle Re 2020-1 Ltd. ("EMIR 2020-1" and, each of EMIR 2019-1 and 2020-1, as applicable, an "Issuer") today announced the tender results of their previously announced offers to purchase (each an "Offer") any and all of the Mortgage Insurance-Linked Notes listed in the table below (the "Notes").


The Issuer has conducted each Offer in accordance with the conditions set forth in the relevant Offer to Purchase of each of EMIR 2019-1 and EMIR 2020-1 dated June 26, 2023 (each an "Offer to Purchase") (collectively, the applicable "Offer Documents"). Capitalized terms used but not defined in this press release have the meanings ascribed to such terms in the applicable Offer Documents.


As of 5:00 p.m., New York City time, on Friday, June 30, 2023, approximately $787 million aggregate original principal amount of the Notes had been validly tendered and not properly withdrawn as set forth in the table below."

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Certain Eagle Re Entities Announce Tender Offers for Any and All of Certain Outstanding of Series 2019-1 and 2020-1 Mortgage Insurance-Linked Notes

26 JUNE 2023


Full announcement including disclaimers and offer restrictions available via PRN (Source: Eagle Re 2019-1, Eagle Re 2020-1)


"HAMILTON, Bermuda, June 26, 2023 /PRNewswire/ -- Eagle Re 2019-1 Ltd. ("EMIR 2019-1") and Eagle Re 2020-1 Ltd. ("EMIR 2020-1" and, together with EMIR 2019-1, as applicable, the "Issuers" and each, an "Issuer") today announced that they have commenced fixed-price cash tender offers (each an "Offer") for the purchase of any and all of the applicable Mortgage Insurance-Linked Notes listed in the table below (the "Notes") beginning Monday, June 26, 2023."


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