Maiden Holdings North America, Ltd. Fully and Unconditionally Guaranteed by Maiden Holdings, Ltd. Underwriting AgreementUnderwriting Agreement • March 27th, 2012 • Maiden Holdings, Ltd. • Fire, marine & casualty insurance • New York
Maiden Holdings North America, Ltd., a Delaware corporation (the “Company”), proposes, subject to the terms and conditions stated herein, to issue and sell to the Underwriters named in Schedule I hereto (collectively, the “Underwriters”, which term shall also include any underwriter substituted as hereinafter provided in Section 10 hereof), for whom Merrill Lynch, Pierce, Fenner & Smith Incorporated is acting as representative (the “Representative”), an aggregate of $100,000,000 principal amount of its 8.000% Notes due 2042 (the “Initial Notes”) and, pursuant to an option granted by the Company to the Underwriters as described in Section 2(b), all or any part of an aggregate of $15,000,000 principal amount of 8.000% Notes due 2042 to cover over-allotments, if any (the “Optional Notes” and, together with the Initial Notes, the “Notes”).
