Pricing settles above guidance on TransRe’s Bowline Re cat bond
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Pricing settles above guidance on TransRe’s Bowline Re cat bond

TransRe logo new york 2021 new.jpg

Pricing has settled above initial guidance on TransRe’s Bowline Re cat bond issuance, as the Class A notes downsized by $10mn.

The spread on the Class A notes has settled at 635 basis points (bps) or 2.8x the sensitivity case expected loss at 2.25%.

This

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