Louisiana Insurer to Price $1B Deal

DeSue, Tedra
April 2006
Bond Buyer;4/3/2006, Vol. 356 Issue 32352, p1
Trade Publication
The article reports that insurance firm Louisiana Citizens Property Insurance Corp. will issue a $1 billion bond deal to pay for claims from Hurricanes Katrina and Rita in the state. JPMorgan Chase & Co. is the book-runner for the deal, while Government Consultants of Louisiana is the financial adviser. Breazeale, Sachse & Wilson LLC and McGlinchey Stafford PLC are the co-bond counsel.


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