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Blue Capital Reinsurance Holdings prices IPO at $20

November 6, 2013

Blue Capital Reinsurance Holdings, a newly formed collateralized property catastrophe reinsurer backed by Montpelier, raised $125 million by offering 6.3 million shares at $20, as expected. Blue Capital Reinsurance Holdings plans to list on the NYSE under the symbol BCRH. Blue Capital Reinsurance Holdings initially filed confidentially on 8/9/2013. Deutsche Bank, Barclays, Keefe Bruyette Woods, Raymond James, UBS and RBC Capital acted as joint bookrunners on the deal.