Mapfre Re upsizes cat bond 25% as pricing settles below guidance
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Mapfre Re upsizes cat bond 25% as pricing settles below guidance

The single Class A note is paying a multiple of 2.1x.

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mapfre logo Mapfre building in Valencia.png

Spanish reinsurer Mapfre Re has upsized its debut cat bond by 25%, securing $100mn of limit, with the bond pricing below the initial guided range.

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