XL’s new Galileo Re 2017-1 cat bond price rises on riskiest tranche
27th October 2017XL Catlin and its subsidiaries latest catastrophe bond, the $150m Galileo Re Ltd. (Series 2017-1) transaction, having been the first to market following the recent hurricanes is a good test of investor appetite and while investors are keen to take on more risk the coupon shows that this is not at any cost.
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