SiriusPoint Ltd.

03/28/2024 | Press release | Distributed by Public on 03/28/2024 05:01

Material Event - Form 8-K

Item 8.01
Other Events

On March 27, 2024, SiriusPoint Ltd. (the "Company") entered into an underwriting agreement (the "Underwriting Agreement") with BMO Capital Markets Corp., HSBC Securities (USA) Inc., Jefferies LLC and J.P. Morgan Securities LLC, as representatives of the several underwriters named therein (the "Underwriters"), pursuant to which the Company agreed to issue and sell to the Underwriters $400,000,000 aggregate principal amount of its 7.000% Senior Notes due 2029 in a registered public offering pursuant to the Company's registration statement on Form S-3ASR (File No. 333-255917) (the "Offering").

The Offering was previously announced on March 21, 2024. The Company expects the Offering to close on April 5, 2024, subject to customary closing conditions.

A copy of the Underwriting Agreement is attached hereto as Exhibit 1.1 and incorporated herein by reference.