Great American upsizes Riverfront Re cat bond to $305mn
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Great American upsizes Riverfront Re cat bond to $305mn

Liz Bury
24 May 2021
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Great American is set to close its Riverfront Re cat bond at the top end of its larger target size of $305mn, after it emerged that it was looking to increase the deal from the original $200mn target.

The class A tranche of $235m will offer a spread of 425 basis points (bps), while the $70m class B notes will offer a 650 bps spread.

The

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Topics

News Catastrophe bonds Re/insurers
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