EFTA02718538.pdf

From: Richard Kahn Sent: Wednesday, August 5, 2015 321 PM To: jeffrey E. Subject: Fwd: New Issue $25 Par: Global Indemnity PLC (GBLI) $25 Par Sub Notes; 7.75% Area; Fixed for Life Attachments: GBLI Preliminary Prospectus Supplement.pdt Untitled attachment 00127.htm please advise if you have any interest thank you attached =s summary of company whose market cap is 730,000,000 Profile Get Profile for: Global Indemnity =Ic 25/28 North Wall Quay Dublin, 1 Ireland • Map Phone: 353 1649 =000 Website: http://www.globalindemnity.ie Details Index Membership: N/A Sector: Financial Industry: Property & =asualty Insurance Full Time Employees: 270 <=table> Business Summary Global Indemnity Public Limited Company, through its subsidiaries, operates as a specialty property and casualty insurer. It operates through two segments, Insurance Operations and Reinsurance Operations. The Insurance Operations segment distributes property, casualty, general liability, =and professional lines products for small commercial businesses through = network of wholesale general agents, program administrators, and wholesale brokers. This segment provides property and casualty insurance products in the excess and surplus lines marketplace to customers in the United States, the District of Columbia, Puerto Rico, and the U.S. =Virgin Islands. The Reinsurance Operations segment provides third party =treaty reinsurance solutions to specialty property and casualty insurance, and reinsurance companies through brokers, as well as on a direct basis. The company was founded in 1970 and is based in Dublin, Ireland. Richard Kahn HBRK Associates Inc. 575 Lexington =venue 4th Floor EFTA_R1_02170853 EFTA02718538 New York, NY 10022 tel fax cell Begin forwarded message: From: =/b>"Atlas, Andrew 5" Subject: =/b>New Issue $25 =ar: Global Indemnity PLC (GBLI) $25 Par Sub Notes; 7.75% Area; Fixed =or Life Date: qb>August 5, 2015 at 10:27:17 AM =DT To: qb>"Richard Kahn Hey Rich, Wanted to show Southern Trust a new =ssue $25 par pfd that's coming today. Speak soon, Andrew Issuer: Global Indemnity PLC {Ticker: GBLI} Securities Offered: Subordinated Notes Size: $75mm (3mm $25 par securities) Expected Ratings: Am Best bbb- 2 EFTA_R1_02170854 EFTA02718539 Maturity: August 15, 2045 Price Guidance: 7.75% Area; Fixed for life Offer Price: 525 Ranking: 3 EFTA_R1_02170855 EFTA02718540 The Notes will be our subordinated unsecured =bligations and will rank (i) senior in right of payment to any future =unior subordinated debt, (ii) equally in right of payment with any unsecured, subordinated debt that we incur in the future that =anks equally with the Notes, and (iii) subordinate in right of payment =o any of our existing and future senior debt. In addition, the Notes =ill be structurally subordinated to all existing and future indebtedness, liabilities and other obligations of our =ubsidiaries. Payment Dates: The 15th of February, May, August, and November =eginning on 11/15/15. Optional Redemption: Issuer's option to redeem at par on or after =/15/2020. Use of Proceeds: General corporate purposes, including, but not =imited to, the financing for acquisitions, repurchases of ordinary =hares, repayment of indebtedness, and expansion of the net underwriting capacity of our insurance subsidiaries. DRD/QDI Eligible: No Subject to US Tax Withholding for NRA =lients: *Generally No Expected Listing: Nasdaq 4 EFTA_R1_02170856 EFTA02718541 Timing: Today's Business Andrew S. Atlas Financial Advisor Equity Sales/Middle Markets =roup Morgan Stanley Wealth =anagement Midtown Manhattan Complex 1290 Avenue of the Americas, 12th Floor I New York, NY 10104 Tel Direct Fax: 5 EFTA_R1_02170857 EFTA02718542 6 EFTA_R1_02170858 EFTA02718543 7 EFTA_R1_02170859 EFTA02718544 8 EFTA_R1_02170860 EFTA02718545 9 EFTA_R1_02170861 EFTA02718546  Important Notice to Recipients: Please do not use e-mail to request, authorize or effect the purchase or sale of any =ecurity or commodity. Unfortunately, we cannot execute such instructions provided =n e-mail. Thank you. The sender of this =-mail is an employee of Morgan Stanley Smith Barney LLC ("Morgan Stanley"). If you have =eceived this communication in error, please destroy all electronic and paper =opies and notify the sender immediately. Erroneous transmission is not intended to =aive confidentiality or privilege. Morgan Stanley reserves the right, =o the extent permitted under applicable law, to monitor electronic =ommunications. This message is subject to terms available at the following link: http://www.morganstanley.com/disclaimers/mssbemail.html.&nb=p; If you cannot access this link, please notify us by reply message and we will send the =contents to you. By messaging with Morgan Stanley you consent to =he foregoing. 10 EFTA_R1_02170862 EFTA02718547