KIRS Group Limited (“the Group”)1, the UK’s leading independent insurance intermediary group being created by HPS Investment Partners (“HPS”) and Madison Dearborn Partners (“MDP”), today announced the launch of a secured bond offering for an aggregate principal amount of £800 million, alongside committing to enter into a £90 million super senior revolving credit facility.
KIRS Midco 3 plc today announces that it has launched an offering of £800 million sterling-equivalent senior secured notes (the “Notes”) alongside committing to enter into a £90 million super senior revolving credit facility agreement between, among others, KIRS Midco 3 plc as parent, the financial institutions named therein as mandated lead arrangers, the financial institutions named therein as original lenders, Bank of America Merrill Lynch International Limited as agent and Citibank, N.A., London Branch as common security agent.
LONDON, May 24, 2017 – KIRS Finco plc, formerly TIG Finco plc, (the “Issuer”) today announced a June 23, 2017 redemption date (the “Redemption Date”) for the redemption in full of its £425,000,000 8.75% Senior Secured Notes due 2020 (the “Senior Secured Notes”) and £75,000,000 Floating Rate Super Senior Secured Notes due 2020 (the “Super Senior Secured Notes”, and together with the Senior Secured Notes, the “Notes”).
Towergate Insurance today announces that the Notice of Annual General Meeting (“AGM”) and Form of Proxy for the 2017 AGM of TIG Topco Limited1 have been published and are now available on the Towergate Insurance investor website.
Towergate Insurance (the “Group”), one of the leading independent insurance intermediaries in the UK, today releases its Q1 results statement covering the three months from 1 January to 31 March 2017.
Towergate Insurance (the “Group”), one of the leading independent insurance intermediaries in the UK, today releases its full year results statement covering the 12 months to 31 December 2016.