Milbank LLP advised the initial purchasers in connection with the inaugural 144A/Reg S offering by Fortitude Group Holdings, LLC (“Fortitude Re”) of $750 million of 6.250% senior notes due 2030. The notes will be fully and unconditionally guaranteed on a senior unsecured basis by FGH Parent, L.P.
Fortitude Re is a leading global provider of reinsurance solutions backed by Carlyle and T&D Insurance Group.
The Milbank deal team was led by Corporate Finance and Securities partner Rod Miller with associates Moses Farzan Nekou, Mackenzie Martin and Devarshi Mukhopadhyay.
