Last week, Bermudian reinsurer Maiden outlined plans to refinance its trust-preferred securities (TRUPS), a source of capital that has dragged on earnings but been a boon to its founding investors that provided the majority of the investment.
Last week, Bermudian reinsurer Maiden outlined plans to refinance its trust-preferred securities (TRUPS), a source of capital that has dragged on earnings but been a boon to its founding investors that provided the majority of the investment.