Avalon Re C notes default on maturity date
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Avalon Re C notes default on maturity date

07 June 2010
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn

Investors in the lowest tranche of Oil Casualty Insurance Ltd's (OCIL) Avalon Re excess liability cat bond will pay a loss of $13mn as the bond defaulted at its final maturity date today (7 June).

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Log in now

Topics

NewsCatastrophe bondsMay 2010/1
Gift this article