Trisura Group Ltd. Announces C$200 Million Senior Unsecured Notes Offering

Core Viewpoint - Trisura Group Ltd. plans to issue $200 million in senior unsecured notes with a fixed interest rate of 4.015% until maturity on March 17, 2031, to support general corporate purposes and repay existing debt [1][2]. Group 1: Company Overview - Trisura Group Ltd. is a specialty insurance provider operating in various business lines, including Surety, Warranty, Corporate Insurance, and Fronting [5]. - The company conducts its insurance operations primarily in Canada and the United States and is listed on the Toronto Stock Exchange under the symbol "TSU" [5]. Group 2: Financial Details of the Offering - The notes will be offered on a private placement basis in Canada and are rated BBB (high) with a stable trend by Morningstar DBRS [3]. - The offering will be managed by a syndicate of dealers led by BMO Capital Markets and Scotiabank, with expected closing on March 17, 2026, subject to customary conditions [3].