Sovereign issuer will likely use proceeds from a $150m payout to fund a new bond transaction, sources say
Tag: catastrophe bonds
Posted inDaily Brief
Mexico gets CAT bond payout
Sovereign issuer obtains $150m out of a $360m trade through the World Bank, following a devastating earthquake
Posted inDaily Brief
Mexico gets World Bank cat bonds
LatAm sovereign issuer receives up to $360m in financial protection against earthquakes and tropical cyclones