Four tranches of notes with a total value of $400mn are expected to price today (25 May) as ILS veteran USAA prepares to close its 14th Residential Re cat bond, Trading Risk understands.
Four tranches of notes with a total value of $400mn are expected to price today (25 May) as ILS veteran USAA prepares to close its 14th Residential Re cat bond, Trading Risk understands.