Spectrum Capital Ltd. (Series 2017-1)


Spectrum Capital cat bond upsized to $430m for Tokio Millennium Re

The first full catastrophe bond issuance from Tokio Millennium Re (Bermuda) has increased in size by 72% while marketing, with the now $430 million Spectrum Capital Ltd. (Series 2017-1) cat bond set to secure an enlarged layer of reinsurance protection for the firm, with pricing now fixed at attractive levels. When read the full article →

Price guidance tightened on Tokio Millennium Re’s Spectrum cat bond

The price guidance has been tightened on both tranches of sponsoring reinsurance firm Tokio Millennium Re's Spectrum Capital Ltd. (Series 2017-1) catastrophe bond, with one tranche seeing pricing fall to below the initial coupon range. Tokio Millennium Re's first full catastrophe bond issue, the $250 million sized Spectrum Capital 2017-1, was read the full article →

$250m Spectrum Capital cat bond launched for Tokio Millennium Re

A new $250 million Spectrum Capital Ltd. (Series 2017-1) catastrophe bond has been launched to the ILS investor community, we understand, with the issuance set to provide a collateralized source of multi-peril risk transfer protection to sponsoring reinsurer Tokio Millennium Re (Bermuda). Tokio Millennium Re has only featured in our Deal read the full article →