SafePort and SafeChoice price Gateway Re cat bond at lower end of guidance
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SafePort and SafeChoice price Gateway Re cat bond at lower end of guidance

US Currency: Wads of US bills fastened with rubber bands, close-up

SafePort and SafeChoice have priced their $125mn cat bond Gateway Re at 950 basis points (bps), the lower end of its initial guidance, this publication understands.

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