Essent Group Ltd. Announces $440 Million Public Offering Of Common Shares

Willkie represented Essent Group in the offering.

Willkie recently represented Essent Group Ltd., in connection with its issuance of an aggregate of 13,800,000 common shares, par value $0.015 per share generating net aggregate proceeds of approximately $440 million.

Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC served as representatives to the underwriters. Barclays Capital Inc., BofA Securities, Inc., RBC Capital Markets, LLC, Macquarie Capital (USA) Inc., Compass Point Research & Trading, LLC, Dowling & Partners Securities, LLC, Keefe, Bruyette & Woods, Inc. and Zelman Partners LLC served as underwriters.

The offering was led by Michael Groll, partner Matthew Stern, associates Thomas Spencer and Joseph Valerio and law clerk Alexander Laznovsky.