Beazley’s PoleStar Re bond upsizes by 73% to $130mn
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Beazley’s PoleStar Re bond upsizes by 73% to $130mn

Abbie Day
08 December 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Beazley_results.png

Beazley Furlonge’s PoleStar Re bond has been adjusted to $130mn, a 73% uplift on the $75mn initially sought, this publication understands.

The pricing for the Class A notes has also adjusted from 1200-1300 basis points (bps) guidance to 1300bps, giving a multiplier of 10.3x

Subscribers, log in here:

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
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

Catastrophe bonds News Beazley
abbie wood/Abbie wood ii ils.png
Abbie Day
Reporter
Contact
Gift this article