Louisiana Citizens bond Bayou Re upsizes 22% to $275mn
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Louisiana Citizens bond Bayou Re upsizes 22% to $275mn

The Class A notes priced well below the midpoint of initial guidance.

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Louisiana Citizens has secured $275mn of Bayou Re cat bond coverage as its deal upsized by 22% on the initial $255mn target, Insurance Insider ILS understands.

The

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