White Mountains unit HGG places USD 200 million senior secured notes at 7.39%

White Mountains Insurance Group Ltd

White Mountains Insurance Group Ltd

WTM

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  • White Mountains unit HG Global completed private placement of USD 200 million fixed rate senior secured notes under note purchase agreement dated May 14, 2026.
  • Proceeds earmarked to repay USD 150 million term loan facility in full, cover fees, fund dividend to White Mountains, other HGG equity holders.
  • New Notes carry 7.39% fixed coupon, mature May 14, 2036.
  • Replaced facility carried 9.93% floating rate in most recent interest period.


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