This announcement does not constitute an invitation to participate in an Offer in or from any jurisdiction in or from which, or to or from any person to or from whom, it is unlawful to make such Offer under applicable securities laws or otherwise. For additional information regarding the terms of each Offer, please contact BofA Securities, Inc. The settlement date for the Notes tendered and accepted for purchase in each Offer is expected to occur on Tuesday, May 23, 2023.īofA Securities, Inc. Capitalized terms used but not defined in this press release have the meanings ascribed to such terms in the Offer Documents.Īs of 5:00 p.m., New York City time, on Friday, May 19, 2023, approximately $704 million aggregate original principal amount of the Notes had been validly tendered and not properly withdrawn as set forth in the table below.

The Issuer has conducted each Offer in accordance with the conditions set forth in the relevant Offer to Purchase of each of RMIR 2019-1 and RMIR 2020-1 dated (each, as amended from time to time, an 'Offer to Purchase') and related Notice of Guaranteed Delivery dated (collectively with the applicable Offer to Purchase, the 'Offer Documents'). ('RMIR 2020-1' and, together with RMIR 2019-1, as applicable, the 'Issuer') today announced the tender results of their previously announced offers to purchase (each an 'Offer') any and all of the Mortgage Insurance-Linked Notes listed in the table below (the 'Notes'). HAMILTON, Bermuda, /PRNewswire/ - Radnor Re 2019-1 Ltd.

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