Vitality Re Xll Ltd, founded in 2019 and headquartered in the British Virgin Islands, is a private reinsurance company focused on providing risk transfer solutions to the insurance sector. The company primarily offers reinsurance products tailored for various specialties, including health and life insurance sectors, enhancing financial resilience for its clients.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| VITALI 6.59% 2025-01-07 USDVitality Re Xll Ltd | Cayman Islands | 2025-01-07 | 6.587 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Vitality Re Xll Ltd has been active in the bond market, launching its first bond issuance in 2021, which raised capital to support its growing portfolio. Notably, in 2022, the company issued a landmark $250 million bond to fund strategic reserves, achieving a yield of 4.5%, competitive within the reinsurance industry. This issuance featured a unique call option, allowing the company to refinance under favorable market conditions. In recent news, Vitality Re Xll Ltd is set to expand its bond offerings in 2024, signaling confidence in its financial stability and growth trajectory.