Nationwide Mutual utilise capital markets with Caelus Re deal

by Artemis on June 25, 2008

Caelus Re Ltd. has issued $250m of variable rate notes on behalf of Nationwide Mutual Insurance and some of it’s subsidiaries and affiliates. The notes will provide capital market protection for a reinsurance agreement providing Nationwide cover for U.S. hurricanes and earthquakes.

Full details in our Deal Directory.

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