Green Fields II Capital Limited

The Green Fields II Capital Ltd. (Series 2013-1) catastrophe bond which completed, was rated and listed in Ireland recently, now holds the title for being the largest European windstorm focused catastrophe bond issuance in the history of the market. At €280m in size Green Fields II Capital just beats 2010’s €275m Calypso Capital to the […]

French insurer Groupama’s latest catastrophe bond deal, Green Fields II Capital Ltd. (Series 2013-1), has now completed successfully, received its credit rating from S&P and the issued have been admitted for listing in Ireland. The cat bond is actually sponsored by Swiss Re, but the protection ultimately is for Groupama.

French insurer Groupama’s latest catastrophe bond transaction Green Fields II Capital Ltd. (Series 2013-1) has been the recipient of strong investor demand, almost doubling in size while marketing to €280m in size. At the same time the price guidance has been lowered right at the bottom end of the originally marketed range.

We now have further details for you on the recently launched Green Fields II Capital Ltd. (Series 2013-1) catastrophe transaction. The Green Fields II Capital cat bond sees French insurer Groupama looking to utilise the capital markets to source an expanded and extended source of French windstorm reinsurance coverage.

French insurance and banking group Groupama is seeking to extend the cover it receives from the capital markets through catastrophe bond issuances with a new transaction, Green Fields II Capital Ltd. (Series 2013-1). The transaction will give the French insurer an expanded and extended source of French windstorm reinsurance coverage.