Cahill Represents Initial Purchasers in Aquarian’s $750 Million Notes Offering
Date: 10/29/24
Cahill represented the initial purchasers in connection with a Rule 144A offering of $750 million aggregate principal amount of 7.875% senior notes due 2029 by APH Somerset Investor 2 LLC, APH2 Somerset Investor 2 LLC, APH3 Somerset Investor 2 LLC, and Aquarian Insurance Holdings LLC.
Proceeds from the offering were used to repay existing term loan facilities and for other general corporate purposes.
Aquarian is a life and annuity insurance platform targeting retail and institutional markets and offering services across the insurance value chain.