Caelus Re IV cat bond targets upsized $300m at low-end of pricing
22nd February 2016U.S. insurer Nationwide Mutual’s first visit to the catastrophe bond market in almost three years is looking promising for the firm, as it looks set to upsize the Caelus Re IV Ltd. (Series 2016-1) U.S. multi-peril cat bond to $300m at the low-end of initial price guidance.
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