Holdings Ltd. Greysbridge, a major owner of Watford Holdings Ltd., has just filed an initial statement of beneficial ownership where 1 shares of Watford Holdings Ltd. were declared. This form is usually filed as a prelude to receiving options or buying company shares, so there may be more to come from Greysbridge. Greysbridge operates out of Hamilton, D0. Some additional info was provided as follows:
On July 1, 2021, in connection with the acquisition of the Issuer by Greysbridge Holdings Ltd. ("Greysbridge"), Arch Reinsurance Ltd., certain investment funds managed by Kelso & Company and certain investment funds managed by Warburg Pincus LLC transferred all of the common shares of the Issuer owned by them to Greysbridge, and immediately thereafter all outstanding common shares of the Issuer were cancelled upon the merger of a subsidiary of Greysbridge with and into the Issuer, with the Issuer surviving as a wholly-owned subsidiary of Greysbridge.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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