Greenlight board OKs repurchase of up to $25 million of convertibles

By Sarah Lizee

Olympia, Wash., April 2 – Greenlight Capital Re, Ltd. said its board authorized the repurchase of up to $25 million of its 4% convertible senior notes due 2023 through June 30, 2021, according to a press release.

Repurchases may be made from time to time, subject to some conditions.

Greenlight Capital is a Cayman Islands-based specialist property and casualty reinsurance company.

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