false 0001363829 00-0000000 0001363829 2025-03-10 2025-03-10 0001363829 us-gaap:CommonStockMember 2025-03-10 2025-03-10 0001363829 us-gaap:SeriesDPreferredStockMember 2025-03-10 2025-03-10 0001363829 us-gaap:SeriesEPreferredStockMember 2025-03-10 2025-03-10 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): March 10, 2025

 

 

Enstar Group Limited

(Exact name of registrant as specified in its charter)

 

 

Bermuda   001-33289   N/A
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)

 

A.S. Cooper Building, 4th Floor, 26 Reid Street Hamilton, Bermuda   HM 11
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (441) 292-3645

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered
     
Ordinary shares, par value $1.00 per share ESGR The NASDAQ Stock Market LLC
     
Depositary Shares, Each Representing a 1/1,000th Interest in a 7.00% Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Share, Series D, Par Value $1.00 Per Share ESGRP The NASDAQ Stock Market LLC
     
Depositary Shares, Each Representing a 1/1,000th Interest in a 7.00% Perpetual Non-Cumulative Preferred Share, Series E, Par Value $1.00 Per Share ESGRO The NASDAQ Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging Growth Company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

Item 8.01. Other Events

 

On March 10, 2025, Enstar Group Limited (the “Company”) issued a press release announcing the commencement of a tender offer to purchase for cash any and all of the outstanding 5.750% Fixed-Rate Reset Junior Subordinated Notes due 2040 of Enstar Finance LLC, the Company’s wholly owned subsidiary (the “Tender Offer”). The Tender Offer is being conducted on the terms and conditions set forth in the offer to purchase dated March 10, 2025. The Tender Offer will expire at 5:00 p.m., New York City time, on Friday, March 14, 2025, unless extended or earlier terminated by the Company.

 

A copy of the press release announcing the Tender Offer is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.

 

Item 9.01. Financial Statements and Exhibits

 

Exhibits

 

Exhibit
No.
  Description
     
99.1   Press Release dated March 10, 2025 announcing the Tender Offer.
     
104   Cover page Interactive Data File (embedded within the Inline XBRL document).

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

  ENSTAR GROUP LIMITED
     
March 10, 2025 By: /s/ Audrey B. Taranto
    Audrey B. Taranto
    General Counsel and Corporate Secretary