Aspen lifts upper-target for Kendall Re to $300m, but price guidance rises
19th April 2024In a further sign that catastrophe bond pricing could be at or approaching the bottom, for now at least, while Aspen has significantly increased the target size for its new Kendall Re Ltd. (Series 2024-1) transaction to as much as $300 million, the pricing for both tranches of notes has risen relatively significantly as well.
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