The Firm represented the underwriters, led by Barclays Capital Inc., Citigroup Global Markets Inc. and Goldman, Sachs & Co. as joint book-running managers, in connection with a registered offering of 11,000,000 shares of 5.95% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares of Aspen Insurance Holdings Limited, representing $275,000,000 in aggregate liquidation preference. The offering closed on May 2, 2013.
Aspen Insurance Holdings Limited provides reinsurance and insurance coverage to clients on a worldwide basis through wholly-owned subsidiaries and offices in Bermuda, France, Germany, Ireland, Singapore, Switzerland, the United Kingdom and the United States.
The Simpson Thacher team included Gary Horowitz, Roxane Reardon, Frank Kwok and Taylor Smith (Capital Markets); Steven DeLott (Insurance); Jonathan Cantor and Andrew Purcell (Tax); and Andrew Pagliughi (FINRA and Blue Sky).