Ki secures $130mn ESG-linked credit facility

29 November 2021

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Algorithmic underwriting syndicate Ki has entered into a $130mn letter of credit agreement with a trio of banks, which fulfils the ESG criteria of the business.

The facility is led by Barclays and supported by Sumitomo Mitsui Banking Corporation and NatWest, and structured to support Syndicate 1618 as the business grows.

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Ki secures $130mn ESG-linked credit facility

Algorithmic underwriting syndicate Ki has entered into a $130mn letter of credit agreement with a trio of banks, which fulfils the ESG criteria of the business.

Fuel a smarter strategy with our actionable market intelligence

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Ki secures $130mn ESG-linked credit facility

Algorithmic underwriting syndicate Ki has entered into a $130mn letter of credit agreement with a trio of banks, which fulfils the ESG criteria of the business.

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Fuel a smarter strategy with our actionable market intelligence

Topics

Quaestio launches ILS multi-manager fund with $138mn AuM

Blue Ridge cat bond safe as NCFB notifies $270mn Helene loss

Leadenhall details $609.5mn loss in A-CAP and 777 Partners court filings

Bermuda reinsurer Mereo poised for launch after ~$650mn raise

Study shows ILW trades using hurricane forecasts outperform 20%-170%