Fidelis takes total 2020 financing past $1bn with debt raise
Fidelis has again increased its capital reserves through a $300m (£241m) debt raise, meaning the specialty insurer and reinsurer has now raised in excess of $1bn in capital this year.
The company previously announced equity raises of $300m in February and $500m last week, and is now capitalised in excess of $2bn.
The latest $300m raise comes in the form of senior notes due in 2030
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