Bayview Asset Management expects to grow its debut Sierra cat bond by up to 50 percent, with an upper target of $225mn, as forecast pricing on the transaction dropped by 3-7 percent, Trading Risk understands.
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Bayview Asset Management expects to grow its debut Sierra cat bond by up to 50 percent, with an upper target of $225mn, as forecast pricing on the transaction dropped by 3-7 percent, Trading Risk understands.