tiprankstipranks
Trending News
More News >

Fidelis Insurance Holdings Prices $400 Million Subordinated Notes

Story Highlights
Fidelis Insurance Holdings Prices $400 Million Subordinated Notes

Confident Investing Starts Here:

Fidelis Insurance Holdings Ltd. ( (FIHL) ) has provided an announcement.

On June 10, 2025, Fidelis Insurance Holdings Limited announced the pricing of $400 million of 7.750% Fixed-Rate Reset Subordinated Notes due 2055. The issuance, expected to close on June 13, 2025, aims to fund the redemption of its 9.00% Fixed Rate/Floating Rate Cumulative Preference Shares, Series A, and support general corporate purposes. This strategic financial maneuver is anticipated to enhance the company’s capital structure and operational flexibility, potentially strengthening its market position.

The most recent analyst rating on (FIHL) stock is a Hold with a $20.00 price target. To see the full list of analyst forecasts on Fidelis Insurance Holdings Ltd. stock, see the FIHL Stock Forecast page.

Spark’s Take on FIHL Stock

According to Spark, TipRanks’ AI Analyst, FIHL is a Neutral.

The overall stock score of 68 reflects moderate financial health and technical indicators, buoyed by strong cash flow management. Positive earnings call highlights suggest growth potential, although challenges remain due to significant wildfire losses and a negative P/E ratio.

To see Spark’s full report on FIHL stock, click here.

More about Fidelis Insurance Holdings Ltd.

Fidelis Insurance Group is a global specialty insurer that leverages strategic partnerships to offer innovative and tailored insurance solutions. The company boasts a highly diversified portfolio, allowing it to adapt to evolving (re)insurance markets and produce superior underwriting returns. Headquartered in Bermuda, with offices in Ireland and the United Kingdom, Fidelis Insurance Group holds strong financial strength ratings from AM Best, S&P, and Moody’s.

Average Trading Volume: 595,891

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.91B

See more data about FIHL stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1