Fidelis prices Herbie Re cat bond at 6% and 9% for Class A and B notes
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Fidelis prices Herbie Re cat bond at 6% and 9% for Class A and B notes

Pricing for both falls at the lower end of the recently updated estimates.

By Abbie Day
February 16, 2024
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Fidelis Insurance has priced its Class A and Class B Herbie Re cat bond notes at 600 basis points (bps) and 900bps respectively, this publication understands.

The

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