Spread narrows for latest Ursa Re cat bond
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Spread narrows for latest Ursa Re cat bond

Sofia Geraghty
06 September 2018
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earthquake-generic-photo-from-us-geological-survey-credit-sd-ellen-taken-1989-watsonville-calif.jpeg

The California Earthquake Authority (CEA) has tightened the spread for its latest Ursa Re cat bond to 500-525 basis points (bps), while keeping the size stable at $200mn-$250mn, according to sources.

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Sofia Geraghty
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