Enstar Group Ltd. completed the underwritten public offering of $500 million of its 4.950% senior notes due 2029.

The company received net proceeds before expenses of about $494.8 million.

Bank of New York Mellon Trust Co. NA was trustee for the offering. Wells Fargo Securities LLC, HSBC Securities (USA) Inc., J.P. Morgan Securities LLC and SunTrust Robinson Humphrey Inc. acted as representatives of the underwriters.