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International

Credit Suisse issues $461 million operational risk cat bond

April 06, 2020 Reprints

Swiss investment banking firm Credit Suisse Group AG has issued a more than $461 million operational risk catastrophe bond, Artemis reported. The transaction is the company's largest operational risk cat bond and the first to be denominated in U.S. dollars, rather than Swiss francs.

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Credit Suisse issues $461 million operational risk cat bond

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