Prologis prices $95mn Logistics Re cat bond at 600bps
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Prologis prices $95mn Logistics Re cat bond at 600bps

The final price fell 14% from the initial midpoint price offered by the sponsor.

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prologis building Amsterdam, the Netherlands.png

US industrial property owner and logistics specialist Prologis has priced its $95mn cat bond at 600 basis points (bps), 14% below the midpoint of the 675-725 basis point (bps) range.

Logistics Re provides indemnity, per occurrence basis quake coverage across...

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