USAA raises $400mn from latest ResRe bond, up a third from original target
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USAA raises $400mn from latest ResRe bond, up a third from original target

USAA has finalised the size of its latest Residential Re offering at $400mn, a third above the amount the carrier was initially trying to raise, with spreads on the lower-risk layers of the deal falling 75 basis points (bps)...

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