Foundation Re III Ltd. cat bond upsized to $180m

by Artemis on January 24, 2010

The Hartford’s upcoming catastrophe bond, Foundation Re III Ltd., has been upsized to $180m during the marketing phase. The notes have been well received by investors we hear and the Hartford is taking advantage of this to raise the deal from its initial size of $100m. Full details on Foundation Re III Ltd. are available in our Deal Directory.

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