Pricing ticks up on Pacifica’s EUR150mn cat bond deal Taranis Re
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Pricing ticks up on Pacifica’s EUR150mn cat bond deal Taranis Re

Rachel Dalton
29 November 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
US Currency: Wads of US bills fastened with rubber bands, close-up

Pricing for Pacifica’s cat bond deal Taranis Re has increased slightly from its initial range, while the principle amounts of Class A and B notes have also expanded slightly, this publication understands.

The ceding insurer is now offering EUR100mn-EUR120mn ($109mn-$132mn) of Class A notes, having initially offered EUR100mn, and EUR50mn-EUR60mn of Class B notes, compared with an earlier offer of EUR50mn.

Pricing

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

Collateralised reinsuranceNewsRe/insurersCatastrophe bonds
rachel dalton/rachel dalton ii ils.png
Rachel Dalton
Lead Reporter
Contact
Gift this article