Eiffel Re, which is issuing the first catastrophe bond on behalf of AXA since 2019, has listed the bonds on the Bermuda Stock Exchange.
A statement on the BSX said the series 2023-1 class a principal at-risk variable rate notes due on January 19, 2027 are valued at €150,000,000 or $163 million.
The listing sponsor was Ocorian Securities (Bermuda).