Shearman & Sterling represented Banc of America Securities LLC, Citigroup Global Markets Inc. and Wells Fargo Securities, LLC, as joint bookrunning managers, and Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc. and ING Financial Markets LLC, as co-managers, in connection with Alterra Finance LLC’s public offering of $350 million aggregate principal amount of its 6.25% Senior Notes due 2020. The notes are fully and unconditionally guaranteed by Alterra Capital Holdings Limited, the parent of Alterra Finance LLC.

Alterra Capital Holdings Limited is a global enterprise dedicated to providing diversified specialty insurance and reinsurance products to corporations, public entities, and property and casualty insurers. Alterra Capital Holdings Limited was formed on May 12, 2010 by the merger of Max Capital Group Ltd. and Harbor Point Limited.