Pricing on the bond dropped twice during the placement process, with the deal offering a final multiplier of 6.3x
First Coast Re sizes at $100mn with price 8% below initial guidance midpoint
![handshake money m&a.jpg](https://assets.euromoneydigital.com/dims4/default/10e5799/2147483647/strip/true/crop/854x500+0+0/resize/840x492!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F79%2Fc4%2F1f3518c8417387ac647b808dcc09%2Fhandshake-money-m-a.jpg)
Pricing on the bond dropped twice during the placement process, with the deal offering a final multiplier of 6.3x