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23 April 2018

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Twelve invests $67mn in three private deals

12 January 2018

Twelve Capital has invested $67.0mn in three bilateral private debt deals, the company announced today.

Twelve invested $15mn in ACCC Holdings Corporation, $25mn in Federated National Holding Company and $27mn in Commercial Insurance, a US-based insurer for small- to medium-sized businesses.

The investments were made at the close of last year.

FedNat placed $25mn of notes on 28 December for a ten-year period, following its purchase of interests in Monarch Delaware Holdings.

A further $20mn of notes were placed on...

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