Phoenician Re Ltd. Series 2020-2

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Alphabet’s second Phoenician Re cat bond priced above mid-point

The second catastrophe bond issuance from Alphabet, Inc., the holding company for tech giant Google and its units, has now been priced and the coupon for the $95 million Phoenician Re Ltd. (Series 2020-2) transaction has been fixed above the mid-point of guidance. Alphabet's first catastrophe bond issuance, the Phoenician Re read the full article →

Alphabet (Google) returns for second cat bond to top up quake cover

Alphabet, Inc., the holding company for tech giant Google and its units, has returned to the catastrophe bond market in very quick succession to add a second $95 million Phoenician Re Ltd. (Series 2020-2) transaction, clearly pleased with the pricing and execution of its first. Alphabet had only priced its first read the full article →