Essent Group $500 million senior notes offering
The 6.25% investment-grade senior notes are due 2029
Davis Polk advised the representatives of the several underwriters in connection with an offering of $500 million aggregate principal amount of 6.250% senior notes due 2029 issued by Essent Group Ltd.
Essent is a Bermuda-based holding company which serves the housing finance industry by offering private mortgage insurance, reinsurance, risk management products and title insurance and settlement services to mortgage lenders, borrowers and investors to support homeownership.
The Davis Polk corporate team included partners Richard D. Truesdell Jr. and Derek Dostal and associates Christian Knoble and Jee Young Kim. Counsel Christopher A. Baratta and associates Ted Lee and Richard P. Wang provided tax advice. All members of the Davis Polk team are based in the New York office.