Issue: HOM Re Ltd $500,000,000.00 REG S 10-YEAR BOND ISSUE

HOM Re Limited (the “Issuer”) has agreed to issue up to $500,000,000.00 REG S 10 Year Bond Issue (the “Bond Issue”) for and on behalf of HOM Re Limited with their main office located in London, UK. The debt securities have been created in accordance with the Companies Act 2006. The Issuer will pay interest annually in arrears, commencing in 2018. The Notes will mature in 2027.

The maximum aggregate nominal amount of all Notes from this Issuance from time to time outstanding under this Bond Issue will not exceed $500,000,000.00 USD (or its equivalent in other currencies calculated as described herein), subject to increase as described in the Offer Document.

HOM RE Limited have their Bonds accepted for clearing and settlement through Crest Euroclear.

The ISIN for this issue is GB00BZBZ9N45 and the SEDOL: BZBZ9N4.

The Offering

The following is a brief summary of certain terms of this Offering. It is not intended to be complete and it is subject to important limitations and exceptions. It may therefore not contain all the information that is important to you. For a more complete understanding of the Bonds, including certain definitions of terms used in this summary, please refer to the sections of this Prospectus. There are certain factors that may affect the Issuer’s ability to fulfill its obligations under Bonds issued under the Bond Issue.

HOM Re Limited
Bonds Offered:
$500 million in aggregate principal amount of the Issuer’s 5% Fixed Rate Bonds Due 2027
Issue Date:
31st March 2017
Maturity Date:
31st March 2027
Interest Rate:
5% per annum
Interest Payment Dates:
(1) 31st March 2018, (2) 31st March 2019, (3) 31st March 2020, (4) 31st March 2021, (5) 31st March 2022, (6) 31st March 2023, (7) 31st March 2024, (8) 31st March 2025, (9) 31st March 2026, and (10) 31st March 2027.
Issue Price:
Price on application
Form and Denomination of the Bonds:
The Issuer will issue the Bonds in certificate form or into CREST accounts. The Notes will be issued in the denominations of USD200,000 and integral multiples of USD200,000.
Ranking of the Bonds:
The Bonds will:
• be general obligations of the Issuer;
• rank pari passu in right of payment with any existing and future indebtedness of the Issuer that is not subordinated to the Bonds;
• rank senior in right of payment to any existing and future indebtedness of the Issuer that is expressly subordinated to the Bonds; and
• be effectively subordinated to any existing and future indebtedness of the Issuer that is secured by property or assets that do not secure the Bonds, to the extent of the value of the property or assets securing such indebtedness.
Redemption for Taxation Reasons:
In the event of certain developments affecting taxation, the Issuer may redeem the Bonds in whole, but not in part, at any time, at a redemption price of 100% of the principal amount, plus accrued and unpaid interest, if any, and additional amounts, if any, to the date of redemption.
Additional Amounts:
All payments made by or on behalf of the Issuer with respect to the Bonds will be made free and clear of and without withholding or deduction for, or on account of, any present or future taxes unless the withholding or deduction of such taxes is then required by law. If any deduction or withholding for, or on account of, any such taxes will at any time be required to be made, the Issuer will, subject to certain exceptions, pay the additional amounts necessary so that the net amount received by the holders of the relevant Bonds after the deduction or withholding will equal the respective amounts that would have been received in respect of such payments in the absence of such withholding or deduction.
Transfer Restrictions:
The Bonds have not been, and will not be, registered under the U.S. Securities Act or the securities laws of any other jurisdiction. The Bonds are subject to restrictions on transfer and may only be offered or sold in transactions that are exempt from or not subject to the registration requirements in the relevant jurisdictions where the Bonds are offered or sold.
No Prior Market:
The Bonds will be a new securities for which there is currently no market. Accordingly, there can be no assurance that a liquid market for the Bonds will develop or be maintained.
LEI: 21380087BRFAG9GDG481
Use of Proceeds:
The net proceeds from the Offering will be used to fund the purchase of properties.
Receiving Agent & registrar :
Avenir Registrars Ltd
Provided On Application
Primary Lead Manager:
Axiom Capital Ltd