Martello Re announces closing of $1.3 billion capital raise consisting of $935 million in equity and a $360 million upsize of the Company's credit facility
- Written by PR Newswire
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Capital raised enables Martello Re to continue execution of long-term strategy to build the premier asset-intensive reinsurer supporting top-tier insurers in the US and globally
HAMILTON, Bermuda and CHARLOTTE, N.C., July 23, 2024 /PRNewswire/ -- Martello Re Limited ("Martello Re") announced today the successful closing of a second round of equity...
