Resilience Re Ltd. series 1642B, an $85 million privatecatastrophe bond issued through the Resilience Re Ltd. private cat bondplatform, has closed, Artemis reported April 18.
The Resilience Re Ltd. private cat bond was by Willis Capital Markets &Advisory in October 2014.
The cat bond notes are discounted zero-coupon participatingnotes and have a due date of April 7, 2017. The cat bond was listed on the Bermuda Stock Exchange, according to the report.
Willis Capital Markets &Advisory reportedly was the structuring agent and book runner for the deal.