Montana Re Ltd. catastrophe bond notes listed on the Bermuda Stock Exchange
News 28th December 2010Flagstone Re have recently completed their third catastrophe bond transaction, Montana Re Ltd. They used their Cayman Islands based SPV Montana Re to issue $210m worth of catastrophe bond notes to secure three years multi-peril cover. The notes from the deal have been listed on the Bermuda Stock Exchange. The BSX press release follows below.
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