Beazley’s PoleStar Re bond upsizes by 73% to $130mn
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Beazley’s PoleStar Re bond upsizes by 73% to $130mn

Abbie Wood
08 December 2023
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Beazley Furlonge’s PoleStar Re bond has been adjusted to $130mn, a 73% uplift on the $75mn initially sought, this publication understands.

The pricing for the Class A notes has also adjusted from 1200-1300 basis points (bps) guidance to 1300bps, giving a multiplier of 10.3x

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