Walkers Bermuda acts on Lancashire Holdings Limited £277 Million Capital Raise

Walkers is pleased to have acted as Bermudian counsel to London Stock Exchange-listed Lancashire Holdings Limited in connection with a June 2020 non-pre-emptive cash box placing of £277 million in new common shares.

The capital raise represented approximately 19.5% of the existing issued common share capital of Lancashire prior to the placing.

Walkers, instructed by Willkie Farr & Gallagher's London office, was led by Bermuda partners Peter Dunlop and Natalie Neto, assisted by senior associate Nathalie West.