Fidelis Insurance Holdings (FIHL) Prices 9M Share Secondary Offering at $16/sh

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Fidelis Insurance Group Announces Pricing of Secondary Offering of its Common Shares

May 22, 2024 10:02 PM EDT

PEMBROKE, Bermuda--(BUSINESS WIRE)-- Fidelis Insurance Holdings Limited (NYSE: FIHL) (Fidelis Insurance Group or FIHL), a global specialty insurer, today announced the pricing of an underwritten secondary public offering (the Offering) of 9,000,000 common shares by certain of its shareholders (the Selling Shareholders) at a price to the public of $16.00 per common share. In connection with the Offering, the Selling Shareholders have also granted the underwriters a 30-day option to purchase up to an additional 1,350,000 common shares of FIHL.

Fidelis Insurance Group is not selling any common shares in the Offering and will not receive... More