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Hamilton, Bermuda: - 17 January 2025: - Kaith Re Ltd., SAC (the “Company”) acting on behalf Segregated Account Seaside Re (the “Issuer”) has advised the Bermuda Stock Exchange (BSX) of the extension of the maturity date of the Company’s BSX listed Seaside Re Bonds due 15 January 2025. The below listed bonds have been extended to 15 April 2025.

 

·         Seaside Re 2021-23 Bond Due 15 April 2025

·         Seaside Re 2022-23 Bond Due 15 April 2025

·         Seaside Re 2024-11 Bond Due 15 April 2025

·         Seaside Re 2024-12 Bond Due 15 April 2025

·         Seaside Re 2024-13 Bond Due 15 April 2025

·         Seaside Re 2024-31 Bond Due 15 April 2025

 

The Exchange has therefore extended the maturity date of the Bonds pursuant to the provisions of the BSX Listing Regulations, Section I, Chapter 2, Regulation 2.33.  The extension on the Exchange is effective today Friday 17 January 2025.

 

 

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