The spread guidance for UPC's Armor Re II cat bond has dropped 11.76 percent taking the midpoint of the new range of 350-400 basis points (bps) while the target size remains unchanged at $100mn.
The spread guidance for UPC's Armor Re II cat bond has dropped 11.76 percent taking the midpoint of the new range of 350-400 basis points (bps) while the target size remains unchanged at $100mn.