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Extension of Maturity Date and Partial Redemption - FloodSmart Re Ltd - Series 2023-1 Class B Principal At-Risk Variable Rate Notes
Hamilton, Bermuda: April 10, 2026 – The Bermuda Stock Exchange (the BSX) announces the extension and partial redemption of the following securities under the BSX Debt Listing Regulations - Regulation 6.17 (1) (3):
· Name of Issuer: - FloodSmart Re Ltd
· Description of Securities: - Series 2023-1 Class B Principal At-Risk Variable Rate Notes
· Maturity Date: - March 11, 2026
· Amount Outstanding: - $50,000,000
With the maturity date now being extended as follows:
· Name of Issuer: - FloodSmart Re Ltd
· Description of Securities: - Series 2023-1 Class B Principal At-Risk Variable Rate Notes
· Maturity Date: - March 11, 2030
· Amount Outstanding: - $20,000,000
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