TITLE

Cat Fund's Major Move

AUTHOR(S)
Sigo, Shelly
PUB. DATE
July 2006
SOURCE
Bond Buyer;7/13/2006, Vol. 357 Issue 32422, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the Florida Hurricane Catastrophe Finance Corp. is preparing to sell $2.8 billion of extendable, variable-rate taxable notes in the state's second largest deal ever. The Cat Fund plans to invest the proceeds until funds are needed to pay for hurricane losses in 2006 or in future hurricane seasons.
ACCESSION #
21657449

 

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