Prologis gets new $95m Logistics Re cat bond at low-end of twice reduced price guidance
22nd October 2024Prologis, Inc., the logistics, warehousing and supply-chain focused real estate owner and investor, has now secured the targeted $95 million of earthquake insurance protection from its new Logistics Re Ltd. (Series 2024-1) US quake catastrophe bond issuance, while the spread was finalised at the low-end of twice reduced guidance, Artemis can report.
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