Third Point Reinsurance prices downsized IPO at $12.50, at low end of the range


Shutterstock photo

Third Point Reinsurance, a Bermuda-based specialty property and casualty reinsurer, raised $276 million by offering 22.1 million shares at $12.50, at the low end of the range of $12.50 to $14.50. The company had originally planned to offer 22.2 million shares. Third Point Reinsurance plans to list on the NYSE under the symbol TPRE. Third Point Reinsurance initially filed confidentially on 5/14/2013. J.P. Morgan, Credit Suisse, Morgan Stanley, BofA Merrill Lynch and Citi acted as lead managers on the deal.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , IPOs

More from Renaissance Capital


Renaissance Capital

Renaissance Capital

Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by