Vantage lifts Vista Re cat bond target to $225mn
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Vantage lifts Vista Re cat bond target to $225mn

Sailboat in the Hamilton, Bermuda, harbor.

Vantage is now seeking to raise $225mn from a new Vista Re cat bond – an increase of $75mn on its original target of $150mn.

This came as the projected insurance coupon dropped below the initial range of 725-775 basis points (bps) and is now expected to settle between 675-725 bps.

At

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