USAA’s Residential Re 2014-2 cat bond prices just below mid-point
20th November 2014U.S. primary insurer USAA’s Residential Reinsurance 2014 Ltd. (Series 2014-2) catastrophe bond transaction has now been priced, with sources telling us that the coupon has been set at 4.8% which is just slightly below the mid-point of initial guidance.
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