AGH 6 0.10 Vol 26000 BAS 1.75 0.00 Vol 0 BFM 22.5 0.00 Vol 0 BG23B 0 0.00 Vol 0 BPH 4.25 0.00 Vol 0 DEVON 3.75 0.50 Vol 2500 LOM 5.75 0.00 Vol 0 NTB 39.3 0.00 Vol 0 POLAR 8 0.00 Vol 0 SOM 18.01 0.00 Vol 0 WHHL 4.21 0.00 Vol 0 WWW 30.5 0.00 Vol 0
Market Closed:     
C/o Horseshoe Management Ltd.
Emporium Building
69 Front Street, 5th Floor
Hamilton HM12, Bermuda
Listed Since: 2016/05/26
Delisted on: 2021/04/26
BSX Ticker: OPRELT
Currency: CHF
ISIN: XS1392213119
Telephone: 441-295-8478
Email: operational@horseshoe.bm

Operational Re Ltd. (the “Issuer”), is a Bermuda exempted company registered as a special purpose insurer under the Insurance Act 1978. The Issuer is not, and does not intend to become, a licensed insurance or reinsurance company in any State of the United States or in any jurisdiction other than Bermuda. The Issuer was incorporated under the laws of Bermuda on November 13 2015 with registration number 50875.

Operational Re Ltd CHF 220,000,000 Principal-at-Risk Fixed Rate Notes will be split into two classes (Class A having two tranches):

CHF 105,000,000 Class A Tranche 1 (“Class A-1 Notes”) Principal-at-Risk Fixed Rate Notes due April 8, 2021

CHF 5,000,000 Class A Tranche 2 (“Class A-2 Notes”) Principal-at-Risk Fixed Rate Notes due April 8, 2021

CHF 110,000,000 Class B Principal-at-Risk Fixed Rate Notes due April 8, 2021

The Class A-1 Notes will rank pari passau with Class A-2 Notes in all respects. The Class A Notes will rank senior to the Class B Notes in respect of Loss Reductions resulting from Operational Risk Events and Observation Period Payments, but will otherwise rank pari passu with the Class B Notes.

The Notes are exposed to the occurrence of one or more Operational Risk Events during the applicable Risk Period.

DIRECTORY

LISTING SPONSOR

MIAX Logo
TRADING HOURSLOCATION
 
08:30-09:00 Price Discovery 110 Pitts Bay Road
09:00-16:30 Continuous Trading 4th Floor
  Hamilton, Bermuda
   
CONTACT DETAILSMAILING ADDRESS
 
TEL: +1 (441) 292 7212 P.O. Box HM 1369
FAX: +1 (441) 292 7619 Hamilton HMFX
Email: info@bsx.com  
DISCLAIMER
 
The information contained in these pages has been obtained from sources which The Bermuda Stock Exchange believes are reliable. However, the accuracy of the information cannot and is not guaranteed and The Bermuda Stock Exchange makes no representation as to its accuracy or completeness. Neither this Web site, nor any information contained herein, constitutes advice or a solicitation to subscribe, purchase or sell any securities. The Bermuda Stock Exchange expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon any part of the contents of this site or any external sites referenced from this website.