HCI to raise up to $172.5mn of debt for stock repurchases and general purposes

HCI Group has announced plans to raise $150mn of debt with the Tampa, Florida-based insurer intending to use the gross proceeds for a combination of common stock repurchases and other general corporate purposes.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@wbmediagroup.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com