Hannover Re’s 3264 cat bond has expanded from an initial $100mn to $140mn, this publication understands.
The bond’s Class B tranche, providing coverage for southern US named storms, has priced at the upper end of guidance at 18%, while the...
Hannover Re 3264 cat bond expands 40% to $140mn
The bond’s pricing for southern US storms landed at the upper bound of guidance.