Fidelis Issues $300 million of Senior Notes

Fidelis Issues $300 million of Senior Notes 150 150 Haggie Partners

Fidelis Insurance Holdings Limited (“Fidelis” or the “Company”) today announces the closing of its offering of $300 million aggregate principal amount of 4.875% Senior Notes due 2030 (the “Notes”).

The Notes have a 10-year maturity and a fixed-rate coupon of 4.875% payable semi-annually. The Notes have received Tier 3 capital treatment under the Bermuda Monetary Authority’s Group Supervision Rules.

Following the announcement by the Company last week of its committed equity funding of $500 million, the offering of the Notes brings the aggregate capital committed to be raised by the Company in the last six months to over $1 billion, taking Fidelis’ total capital to over $2 billion.

This press release does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The Notes mentioned herein have not been, and will not be, registered under the Securities and are being offered and sold within the United States by the initial purchasers to “qualified institutional buyers” (as defined in Rule 144A under the Securities Act (“Rule 144A”)) in reliance on Rule 144A and outside the United States to non-U.S. persons in accordance with Regulation S under the Securities Act. The Notes may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act. There will be no public offer of the Notes in the United States.