Safepoint’s Manatee Re 2019 cat bond will close well below its initial $75mn target size at $40mn, as both layers priced above the guidance range, according to sources.
Manatee cat bond pared back to $40mn
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Safepoint’s Manatee Re 2019 cat bond will close well below its initial $75mn target size at $40mn, as both layers priced above the guidance range, according to sources.