Safepoint’s Manatee Re 2019 cat bond will close well below its initial $75mn target size at $40mn, as both layers priced above the guidance range, according to sources.
Manatee cat bond pared back to $40mn
Safepoint’s Manatee Re 2019 cat bond will close well below its initial $75mn target size at $40mn, as both layers priced above the guidance range, according to sources.