USAA looks to raise $400mn with Res Re cat bond
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USAA looks to raise $400mn with Res Re cat bond

USAA cat split screen.jpg

USAA has confirmed it is seeking to raise $400mn in the latest issuance of its Res Re cat bond.

The offering involves 144A principal-at-risk variable-rate notes providing per-occurrence coverage for the 50 US states and the District of Columbia.


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