FIHL shares offered at $16
Updated: May 26, 2024 06:36 PM
Dan Burrows, CEO of Fidelis Insurance Group (File photograph)
Bermudian-based Fidelis Insurance Holdings Ltd, the global specialty insurer, has announced the pricing of an underwritten secondary public offering of nine million common shares by certain of its shareholders at a price to the public of $16 per common share.
FIHL is not selling any common shares in the offering and will not receive any of the proceeds from the sale of the common shares offered by the selling shareholders.
The offering is expected to close on May 28, subject to customary closing conditions.
Shares in FIHL closed on Wednesday at $16.75 on the New York Stock Exchange.
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Published May 25, 2024 at 12:00 pm (Updated May 26, 2024 at 6:36 pm)
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