Fidelis Insurance Holdings FIHL, a Bermuda-based reinsurance company, priced its initial public offering at $14 a share late Wednesday, below the proposed...
Fidelis Insurance Holdings FIHL, a Bermuda-based reinsurance company, priced its initial public offering at $14 a share late Wednesday, below the proposed price range of $16 to $19. The company sold 14.8 million shares to raise $207.2 million at a valuation of $1.7 billion. Fidelis was previously planning to offer 17 million shares. The company has applied to list on the NYSE under the ticker “FIHL.
... Fidelis Insurance Holdings FIHL, a Bermuda-based reinsurance company, priced its initial public offering at $14 a share late Wednesday, below the proposed price range of $16 to $19. The company sold 14.8 million shares to raise $207.2 million at a valuation of $1.7 billion. Fidelis was previously planning to offer 17 million shares. The company has applied to list on the NYSE under the ticker “FIHL.
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