Company: AHL
Filing Date: 2025-04-29
Form Type: F-1/A
Source: 0001628280-25-020463
Chunk: 135

Company: ASPEN INSURANCE HOLDINGS LTD
Filing Date: 2025-04-29
Form: F-1/A
Chunk 135
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 AHL PRC Shares, funds of $275.0 million were transferred to a third party transfer agent on December 30, 2024. Accordingly, no adjustments have been made to our cash and cash equivalents as of December 31, 2024 for the redemption of our AHL PRC Shares.

(2) Does not reflect letters of credit outstanding under our letter of credit facilities and revolving credit facility. For a discussion of the letter of credit facilities and revolving credit facility we have entered into, see “Management’s Discussion and Analysis of Financial Condition and Results of Operation—Liquidity and Capital Resources” and “Note 24—Credit Facilities and Long-term Debt” to our audited consolidated financial statements included elsewhere in this prospectus.

(3) As of December 31, 2024, we had undrawn commitments available for borrowings under our revolving credit facility of up to $300.0 million (there were no outstanding letters of credit under such facility as of such date). We have the option to increase the aggregate amount of our revolving credit facility by up to $100.0 million, subject to certain conditions. Aspen Holdings and certain of its direct or indirect subsidiaries are the borrowers under such revolving credit facility and Aspen Holdings has guaranteed the borrowings of any such subsidiary borrowers under our revolving credit facility.

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(4) The results of the Exchange have been applied retroactively. The number of ordinary shares issued and outstanding, actual and as adjusted, excludes the net issuance of 1,008,149 ordinary shares issued upon the completion of this offering as replacement awards with respect to legacy share option awards granted to certain employees of the Company as described in “Executive Compensation—2025 Equity and Incentive Plan” (based on an assumed initial public offering price of $30.00 per ordinary share, which is the midpoint of the price range set forth on the cover page of this prospectus, and after giving effect to the withholding of 302,038 ordinary shares to satisfy the estimated tax withholding and remittance obligations).

(5) On January 1, 2025, we redeemed our AHL PRC Shares for an aggregate redemption price of $275.0 million.

(6) The liquidation preference is reflected net of issuance costs.

(7) Total capitalization equals total long-term debt obligations plus total shareholders’ equity.

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### CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This prospectus contains forward-looking statements that are