News & Analysis Results

As promised, S&P assign official ratings to Pylon II Capital catastrophe bond

News 17th August 2011

Standard & Poor’s have today, as promised, assigned the official credit ratings to the two tranches of French windstorm catastrophe bond notes issued recently by Pylon II Capital Ltd. The €150m  transaction provides Electricite De France (better known as EDF), a leading energy and electricity generation firm, with five years of reinsurance protection against windstorms […]

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S&P suspends rating on Queen Street III Capital Ltd.

News 15th August 2011

Standard & Poor’s have published an announcement stating that they have suspended the rating on the recent Queen Street III Capital Ltd. catastrophe bond which provides Munich Re with protection amounting to $150m of their European windstorm risks. The reason for the suspension is the same as the reason that another recent cat bond, Pylon […]

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