Final Lehman-struck bond defaults
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Final Lehman-struck bond defaults

17 January 2011
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Bermuda-headquartered Catlin Group's 2008 cat bond, Newton Re 2008-1, has defaulted on its final payment, prompting ratings agency AM Best to downgrade and withdraw its ratings on the Class A notes.

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Topics

NewsCatastrophe bondsJanuary 2011/1
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