Presurance Holdings, Inc, 9.75% Senior Unsecured Notes due 9/30/2028 (PRHIZ)
NGM · · CUSIP 20731J300
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Security Details

Coupon Rate
9.75%
Liquidation Preference
$25.00
Call Price
$25.00
Call / Redemption Date
9/30/2025
Maturity Date
9/30/2028
Distribution Period
Q
Rate Type
Fixed
Annual Distribution
2.4375
Distribution Dates
3/31, 6/30, 9/30 & 12/31
Credit Ratings
Moody's NR · S&P NR (8/31/2023)
Tax-Advantaged Dividends
No

Security Profile

Security Type
Exchange-Traded Debt Security »
CUSIP
20731J300
IPO
8/8/2023 · $25.00/share
Previous Symbol
CNFRZ (changed 9/29/2025)
Previous Name
Conifer Holdings, Inc.,
Parent Company
Conifer Holdings, Inc (PRHI)
Business: Presurance Holdings, Inc Formerly Conifer Holdings, Inc., 9.75% Senior Unsecured Notes due 2023, issued in $25 denominations, redeemable at the issuer's option on or after 9/30/2025 at $25 per note plus accrued and unpaid interest, and maturing 9/30/2028. <p> Interest distributions of 9.75% per annum ($2.4375 per annum or $0.609375 per quarter) will be paid quarterly on 3/31, 6/30, 9/30 & 12/31 to holders of record on the record date that will be (3/15, 6/15, 9/15 & 12/15 respectively (NOTE: the ex-dividend date is one business day prior to the record date). <p> Distributions paid by these debt securities are interest and as such are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders. <p> Units are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest. <p> This security was not rated by Moody’s or S&P at the time of its IPO. The Notes are unsecured, subordinated obligations of the company and will rank equally with all existing and future unsecured, subordinated indebtedness of the company. See the IPO prospectus for further information on the debt securities by clicking on the ‘Link to IPO Prospectus’ provided below.

Company Contact

CEO
Brian J. Roney
CFO
Harold Meloche
Headquarters
3001 West Big Beaver Road, Suite 200, Troy, MI 48084
Phone
248-559-0840
Fax
248-559-0870
Investor Relations
Jessica Gulis · 248-559-0840 · ir@prehld.com
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