Blackstone updates pricing on $250mn cat bond to low edge of guidance
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Blackstone updates pricing on $250mn cat bond to low edge of guidance

Ayesha Venkataraman
13 July 2023
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Private equity house Blackstone has updated the pricing guidance on both tranches of its $250mn Wrigley Re catastrophe bond at the low end of initial guidance, this publication understands.

The deal is offering $100mn of Class A notes, which will provide coverage for earthquake in Canada and the US, excluding California, and named storm in the US and Canada.

The

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NewsCatastrophe bonds
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Ayesha Venkataraman
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