Marlin Re settles at top end of guidance, at 1,600 bps
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Marlin Re settles at top end of guidance, at 1,600 bps

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Marlin Re’s price has settled at 1,600 basis points (bps), continuing the Q2 trend of spreads reaching over the top end of guidance.

It carries a multiple of 5.55x on an expected loss of 2.88%. The price has leapt 400 bps from the upper end of the original guidance, which was 1,100-1,200 bps.

It

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