USAA to place $50mn Espada Re cover at high end of pricing range
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USAA to place $50mn Espada Re cover at high end of pricing range

12 February 2016
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USAA is set to raise $50mn for its new Espada Re cat bond issuance, sources told Trading Risk.

The transaction priced at the highest point of the pricing range with a spread of 575 basis points (bps).

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News Catastrophe bonds
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