Sundance Strategies Acting as Lead Advisor in US Capital Global Securities’ Launch of $500 Million Rated Life Insurance-Linked Bond Offering
Sundance Strategies (OTCQB: SUND) announced it will act as the lead advisor in developing tailored life insurance portfolios for a life insurance-linked bond offering of up to $500 million through US Capital Global Securities LLC.
The bond offering aims to appeal to institutional accredited investors, with a minimum target of $250 million. The initiative is positioned as a significant catalyst for Sundance's strategy to become a market leader in the life insurance-linked bond sector, with expectations for favorable returns in a low-interest environment.
- Engagement in a $500 million life insurance-linked bond offering could enhance company credibility.
- Potential to attract institutional accredited investors may increase shareholder value.
- The bond offering may cause shareholder dilution if new shares are issued to fund it.
PROVO, UTAH, April 13, 2021 (GLOBE NEWSWIRE) -- Sundance Strategies, Inc. (OTCQB: SUND) (“Sundance Strategies”) is acting as lead advisor in originating specific portfolios of life insurance policies that are tailored to meet the needs of life insurance-linked bonds and creating the structured finance techniques and proprietary analytics to structure bond issuances.
US Capital Global Securities LLC (“US Capital Global Securities”), an affiliate of US Capital Global, has been engaged as lead placement agent in offering to eligible investors an investment opportunity of up to
“We’re excited for US Capital Global Securities’ launch of this
Charles Towle, Managing Partner at US Capital Global, said: “The life settlements market is growing as an alternative asset class amongst policyholders and investors seeking favorable returns in a low-interest environment. We have established a special purpose vehicle for this
About Sundance Strategies, Inc.
Sundance Strategies, Inc. (OTCQB: SUND) was established in 2013 by industry veterans with decades of experience in the US Life Settlements space. Sundance Strategies has assembled a very seasoned and experienced team from not only the Life Settlement marketplace, but from other areas such as Financial Services, Retail and Technology. As a professional services provider Sundance Strategies uses best practices to advise on selecting specific portfolios of life insurance policies that are tailored to meet the needs of bond issuers and bond investors. The strategy includes advising on the acquisition of life insurance portfolios, then using common structured finance techniques and proprietary analytics to structure bond issuances, including principal protected bonds. Sundance Strategies goal is to deliver long-term value and profitability to shareholders by growing the Company’s asset base and paying dividends to its shareholders. www.sundancestrategies.com
Business and Media Inquiries for Sundance Strategies, Inc.:
MZ Group
Ted Haberfield
President - MZ North America
Direct: 858-204-5055
Email: thaberfield@mzgroup.us
About US Capital Global
Established in 1998, and with offices in San Francisco and London, US Capital Global is a full-service private financial group with an established track record in investment banking, asset management, and capital formation services that utilizes the latest FinTech and RegTech innovation to provide sophisticated debt, equity, and investment products to lower middle market companies and investors. The US Capital Global group manages direct investment funds and provides wealth management and capital raise services through its affiliates, including US Capital Global Investment Management LLC, US Capital Global Wealth Management LLC. All securities are offered by the group through its FINRA-member, SEC-registered broker-dealer, US Capital Global Securities LLC. The group collaborates closely with its peers in professional banking and investment advisory. www.uscapglobal.com.
To learn more about this investment opportunity, email Frank Villarreal, Vice President, at frank@uscgsecurities.com or call +1 415-889-1047.
This press release does not constitute an offer to sell nor a solicitation of an offer to purchase any securities in any jurisdiction in which such an offer or solicitation is not authorized and does not constitute an offer within any jurisdiction to any person to whom such offer would be unlawful.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate, " "believe," " continue, " "could," "estimate," "expect," " intend, " "may," "ongoing," "plan," "potential," "predict," "project," "should," " will, " "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainties and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.
Attachment
FAQ
What is Sundance Strategies' latest bond offering?
What is the minimum and maximum amount for the bond offering?
Who is managing the bond placement for Sundance Strategies?
What does the life insurance-linked bond offering aim to achieve?
How could the bond offering impact Shareholders of Sundance Strategies?
