Purple Re Ltd., founded in 2014 and headquartered in Bermuda, is a specialized reinsurer focused on providing innovative risk solutions to the global insurance market. The company offers a range of reinsurance products that allow clients to manage their capital more effectively while enhancing their risk management capabilities.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PURLTD 15.39% 2026-06-05 USDPurple Re Ltd. | Bermuda | 2026-06-05 | 15.393 | 14.34 |
| PURLTD 17.61% 2026-04-24 USDPurple Re Ltd. | Bermuda | 2026-04-24 | 17.613 | 15.75 |
| PURLTD 7.39% 2027-06-07 USDPurple Re Ltd. | Bermuda | 2027-06-07 | 7.393 | 7.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inaugural bond issuance in 2015, Purple Re Ltd. has successfully established a reputation in the capital markets, particularly with its 2020 issuance of $300 million in subordinated notes, which featured a 5.5% coupon rate—a competitive yield compared to industry peers. In 2022, the company saw significant demand for its green bonds, reflecting a commitment to environmental responsibility. With current yields remaining attractive amidst evolving market rates, Purple Re Ltd. continues to engage with investors and expand its bond offerings strategically.