Emerson default in lenders' hands
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Emerson default in lenders' hands

12 February 2009
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Citadel's CIG Re and New Castle Re's 2007 $500mn all-debt sidecar vehicle, Emerson Re, has been terminated as the hedge fund significantly scaled back its presence in the (re)insurance market.

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Topics

AnalysisCatastrophe bondsFebruary 2009/1ILS investors
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