Scor places $75mn Atlas Capital Re cat bond
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Scor places $75mn Atlas Capital Re cat bond

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Scor has placed $75mn of coverage with its latest Atlas Capital Re cat bond priced at 7.25%, which was 17% below the mid-point of the initial pricing guidance of 8.25%-9.25%.

The bond provides coverage for named storm in the US, District of Columbia, Puerto Rico and US Virgin Islands, and quake coverage for the same territories plus Canada.

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