Brookfield Property’s Aragonite Re priced at lower end of guidance
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Brookfield Property’s Aragonite Re priced at lower end of guidance

The carrier has priced the Class A tranche at 525 bps.

By Ayesha Venkataraman
March 26, 2024
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
US Currency: Wads of US bills fastened with rubber bands, close-up

Brookfield Property Group has priced its Aragonite Re cat bond, Insurance Insider ILS understands.

The Class A tranche has been priced at 525 basis points (bps), at the lower end of the recently updated guidance of 525-550 bps.

The

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 Property
Gift this article