The California Earthquake Authority’s (CEA’s) two new Sutter cat bonds settled up 75 percent at a combined size of $700mn and pricing at the top end of initial guidance ranges, according to sources.
CEA Sutter Re cat bonds settle up 75% at $700mn

The California Earthquake Authority’s (CEA’s) two new Sutter cat bonds settled up 75 percent at a combined size of $700mn and pricing at the top end of initial guidance ranges, according to sources.