The Hartford narrows spread guidance on Foundation Re bond
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The Hartford narrows spread guidance on Foundation Re bond

Jai Singh
19 December 2023
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The Hartford has narrowed the spread it is seeking for its first cat bond in more than a decade to 6.25%-6.5%, this publication understands.

The carrier initially sought a spread of 6%-6.75% for its Foundation Re bond, which provides $200mn of tropical cyclone and earthquake coverage.

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