California utility LADWP gets $100m 123 Lights Re wildfire cat bond pricing at low-end
6th July 2026The Los Angeles Department of Water and Power (LADWP) has successfully priced its fourth catastrophe bond sponsorship today and so secured the targeted $100 million of California wildfire protection from the 123 Lights Re Ltd. (Series 2026-1) offering at the low-end of price guidance, Artemis has learned.
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