New Jersey Manufacturers upsizes cat bond offering to $225mn
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New Jersey Manufacturers upsizes cat bond offering to $225mn

Rachel Dalton
22 June 2023
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DC: Tropical Storm Isaias

New Jersey Manufacturers (NJM) has expanded its target cat bond limit from $175mn to a maximum of $225mn issuing via Lower Ferry Re, this publication understands.

Earlier this month, the carrier launched its offering for $50mn in Class A notes and $125mn in Class B notes.

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Topics

News Collateralised reinsurance Catastrophe bonds
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Rachel Dalton
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