Insight and Intelligence on (Re)insurance Convergence with the Capital Markets

24 March 2018

Search archive

Hudson Structured acted on $45.5mn Catalina debt deal

11 May 2017

Hudson Structured Capital Management acted as a lead investor on a $45.5mn private debt arrangement for Catalina General Insurance, the investment manager announced.

Catalina is a privately owned insurer that operates in the legacy market, buying discontinued books of insurance to run off final associated liabilities.

Hudson Structured purchased nearly half of the insurer's placement of 10-year floating rate subordinated notes. As previously reported, Twelve Capital was the other investor in the deal.

The private debt-linked notes qualify as Tier...

If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership


Euromoney Trading Limited - 3rd Floor, 41 Eastcheap, London, EC3M 1DT, United Kingdom. The content of this website is copyright of Euromoney Trading Limited 2018. All rights reserved Euromoney Trading Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.