Maiden Holdings Ltd (MHLA) is a Bermuda-based holding company that provides reinsurance solutions to regional and specialty insurers in the United States, Europe, and select other global markets. The company operates through two segments: Diversified Reinsurance and AmTrust Reinsurance.
As of my latest information, Maiden Holdings Ltd 6.625% Notes due 2046, which is likely the security you are referring to with the stock symbol "MHLA," had a face value of $130 million. The notes were issued in 2016 and pay an annual interest rate of 6.625%, with interest payments made semi-annually in arrears.
Maiden Holdings Ltd has faced some challenges in recent years, including losses related to its reinsurance business and regulatory issues. As a result, the company has undertaken various strategic initiatives to address these challenges, including cost-cutting measures and the sale of certain assets.
Investing in debt securities like Maiden Holdings Ltd 6.625% Notes carries certain risks, including the possibility of default and the potential for changes in interest rates that could impact the market value of the notes. It is important for potential investors to conduct thorough research and analysis before making any investment decisions.
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