Sanders Re bond settles at 5.75%, the lower end of guided range
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Sanders Re bond settles at 5.75%, the lower end of guided range

Jai Singh
12 January 2024
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The spread on Allstate’s latest Sanders Re cat bond has settled at 5.75%, the lower end of the initially guided range of 5.75%-6.5%, this publication understands.

The insurer has also increased the targeted size of the bond by around 63% to $300mn-$350mn, up from $200mn.

Allstate

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