4 July 2023News

Eiffel Re catastrophe bonds listed on BSX

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).