The spread settled at the upper edge of initial guidance of 5%-5.75%, giving a multiple of 6.5x the expected loss of 0.89%
Selective prices cat bond High Point Re at top edge of guidance
![stack of one hundred dollars notes](https://assets.euromoneydigital.com/dims4/default/796b3df/2147483647/strip/true/crop/2066x1210+0+0/resize/840x492!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F07%2F13%2Fd748a433439cab7f24e5106a3e2f%2Fmoney-dollars-m-a.jpg)
The spread settled at the upper edge of initial guidance of 5%-5.75%, giving a multiple of 6.5x the expected loss of 0.89%