Ariel Re has told investors it will offer a final spread on its $150mn Titania Re cat bond at the bottom end of its revised guidance, as the price dropped 14% below its initial mid-point target.
The
Ariel Re has told investors it will offer a final spread on its $150mn Titania Re cat bond at the bottom end of its revised guidance, as the price dropped 14% below its initial mid-point target.
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