A Trailblazing Surplus:
Knighthead Leads the Way

Conyers, working alongside Piper Sandler & Co. as placement agent and US counsel Sidley Austin, advised Knighthead Annuity & Life Assurance Company (“Knighthead”) in connection with Knighthead’s issuance of up to US$50,000,000 of Series A Fixed-Rate Prescribed Capital Notes due 15 December 2042 (the “Notes”), paving the way for other insurers licensed by the Cayman Islands Monetary Authority (“CIMA”) to raise capital by similar means and for similar purposes.