
Locke Tavern Re Ltd, founded in 2015 and headquartered in Bermuda, is a prominent player in the reinsurance industry, dedicated to providing innovative risk solutions to clients worldwide. The company offers a diverse range of products, including property and casualty reinsurance, which are designed to meet the evolving needs of businesses facing complex risk environments.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
LOCKET 4.75% 2026-04-09 USDLocke Tavern Re Ltd | Bermuda | 2026-04-09 | 4.750 | 10.10 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Locke Tavern Re Ltd has strategically issued bonds to bolster its capital structure and support growth initiatives. Notably, in 2020, the firm issued $500 million in subordinated debt that featured a unique green certification, attracting environmentally conscious investors. Their current average yield is competitive within the industry, reflecting strong investor confidence, particularly after a successful refinancing round in late 2022 that extended their maturity profile without increasing leverage. Recently, Locke Tavern Re's bond offerings have garnered attention for their favorable terms and strong demand in the market.