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Underwriters buy overallotment notes for Global Indemnity offering

Global Indemnity Ltd. announced that underwriters for its offering of 7.875% subordinated notes due April 15, 2047, fully exercised their overallotment option.

The underwriters completed the purchase of $10 million of additional notes, increasing the aggregate principal amount of the offering to $130 million.

The sale of the notes in relation to the overallotment option closed March 30.