Lawsuit claims Maiden's 7.75% Notes due immediately after reinsurance sale

Maiden Holdings, Ltd.

WUSO Holding Corporation and 683 Capital Partners filed suit in NY Supreme Court on Dec 26, 2024.
Allege Maiden's sale of Maiden Reinsurance North America ~six years ago breached indenture for 7.75% Senior Notes.
Plaintiffs claim principal and interest are due immediately, not at the stated maturity date.
Maiden believes it has substantial procedural and substantive defenses and intends to vigorously defend.

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