Shareholders Including a Sovereign Fund, Pony Up More Capital for Rothesay Life

Posted on 09/12/2019


Rothesay Life PLC works in the defined benefit insurer space. The insurance group is raising £500 million in equity from its shareholders in order to fund more bulk annuity deals. Rothesay Life also raised £400 million in a bond issue, giving the total cash raise to be £900 million. The bond issue matures on September […]