Inigo updates pricing on $100mn Montoya Re cat bond
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement



Cookies Settings

Inigo updates pricing on $100mn Montoya Re cat bond

Abbie Day
27 December 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Inigo logo storm.jpg

Inigo has updated the pricing on its $100mn Montoya Re cat bond offering, putting it at the lower end of the original spread guidance of 1225-1300 basis points (bps), this publication understands.

The initial spread guidance on the Class A notes is now 1150-1225bps, giving a midpoint multiple of 2.4x on an expected loss of 4.91%

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsCatastrophe bonds
abbie wood/Abbie wood ii ils.png
Abbie Day
Reporter
Contact
Gift this article