Fidelis Insurance Holdings Limited (NYSE:FIHL), a global specialty insurer, has announced the pricing of an underwritten secondary public offering of 9,000,000 common shares by certain of its shareholders (the Selling Shareholders) at a price to the public of US$16 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 any of the proceeds from the sale of the common shares offered by the Selling Shareholders. The Offering is expected to close on May 28, 2024, subject to customary closing conditions.

Latham & Watkins LLP represented the underwriters in the offering with a capital markets team led by New York partners Gary Boss, Benjamin Cohen, and Kirsten Gaeta, with associates Hana Nah, Nick Gonzalez, and Radley Gillis. Advice was also provided on tax matters by New York partners Elena Romanova and Aaron Bernstein, and London partner Karl Mah, with associates Nicholas Sun and Mimi Kyprianou; on ESG matters by New York partner Betty Huber, with associates Karmpreet Grewal and Catherine Willis; on benefits and compensation matters by New York partner Bradd Williamson, with associate Alisa Hand; on data privacy matters by Washington, D.C. partner Jennifer Archie and London partner Fiona Maclean, with associates Dyllan Brown-Bramble and Kate Burrell; and on sanctions matters by Washington, D.C. counsel Andrew Galdes, with associates Jessie Michelin and Monica Calce.