#Bermuda #Hamilton #Cash Tender Offer #Bellemeade Re #Mortgage-Linked Notes

Bellemeade Re 2021-3's Strategic Tender Offer

In a significant move aimed at bolstering investor confidence, Bellemeade Re 2021-3 Ltd., a prominent entity in mortgage-linked securities, has announced the commencement of a fixed-price cash tender offer targeting outstanding classes of Series 2021-3 Mortgage Insurance-Linked Notes. This announcement, made on July 30, 2025, marks a critical opportunity for investors to engage actively with the issuer.

The offer provides a chance for holders of the designated notes to liquidate their positions, with the total consideration for the notes set to be calculated based on the original principal amount and specific tender offer considerations. Investors looking to participate must ensure they tender their notes before the expiration time, which is set for 5 p.m. New York City time on August 5, 2025. A withdrawal option will also be available until that same deadline, granting investors the flexibility needed as market conditions evolve.

BofA Securities, Inc. has been appointed as the sole dealer manager for this offer, showcasing the significance of the participation. The issuance of cash in the tender reflects a strategic alignment with current market conditions, allowing investors to make informed decisions based on their financial strategies. The offer and its related documents provide detailed terms and conditions, ensuring transparency in the transaction process.

One of the key details of the offer includes the accrued and unpaid interest that holders of the notes will receive, extending from the last interest payment date up to the settlement date. The expected settlement date is August 7, 2025, which indicates a prompt processing of the tender offer for interested parties.

Details of the Notes in the Offer

The offer encompasses several classes of mortgage-linked notes with specific identifiers and principal amounts:

Tender Offer Consideration (
per $1,000) |

The below-mentioned class details reveal the financial backbone of the tender offer, providing vital insights for existing holders of these securities. This meticulous attention to financial specifics allows investors to weigh their options wisely.

No Obligation to Sell

It's essential to note that the announcement does not constitute an obligation for holders to sell. Rather, it offers them autonomy in deciding whether to participate in the tender offer. Investors are encouraged to consider the offer's implications thoroughly while consulting with financial advisors to align with their investment goals.

The offer documents and related notices are accessible through the Global Bondholder Services Corporation's website, ensuring that all stakeholders can obtain relevant information promptly. This proactive disclosure aligns with industry standards for communication and transparency, fostering a trustworthy environment for potential and existing investors alike.

Overall, Bellemeade Re 2021-3's tender offer underscores a proactive approach toward liquidity and investor relations, reflecting broader trends in the investor landscape that favor transparency and flexibility. As the financial market continues to fluctuate, such initiatives can significantly impact investor behavior and confidence.

As this tender offer unfolds, it symbolizes a strategic response to market dynamics and investor needs, potentially setting a precedent for similar offerings in the future, solidifying Bellemeade Re's standing in the competitive financial arena.