Log In

Reset Password

BSX approves Queen St notes

The listing committee of the Bermuda Stock Exchange (BSX) has announced the approved listing of the Queen Street III Capital Ltd’s principal at-risk variable notes due on July 28, 2014.

The listing constitutes a $150 million dollar issuance under the Exchange’s restricted marketing provisions for qualified investors and section V of the BSX listing regulations for international issuers of insurance-related securities.

Queen Street III Capital is an Irish private limited company incorporated under the laws of Ireland.

The purpose of the principal at-risk note programme is to provide the Issuer with funds in order to support its obligations under the respective risk transfer contracts it enters into with the risk transfer contract counterparty - Munich Re, specified in the applicable offering circular supplement.

You must be Registered or to post comment or to vote.

Published August 02, 2011 at 2:00 am (Updated August 02, 2011 at 9:24 am)

BSX approves Queen St notes

What you
Need to
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon