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

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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