Use of catastrophe bond shelf offerings growing in recent years
12th March 2009Guy Carpenters www.gccapitalideas.com blog has an excellent post on the portion of the catastrophe bond market known as shelf offerings. Shelf offerings emerged in 2002 and have since been becoming a greater proportion of deals completed each year. Issuing a shelf offering involves structuring a transaction platform which allows for multiple note issuance’s. The benefits […]
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