Jun. 10 at 8:59 PM
$OXBR Target returns for the securities range from 19% to 243%, depending on the category, provided there are no insurance losses.
● The full subscription will add approximately
$12 million in restricted assets to SurancePlus's balance sheet.
● The offering is targeted at qualified investors (Article 506c) and investors outside the United States (Article S).
● Motivation:
● To leverage financial technology (decentralized finance, tokenization) to attract new capital and increase the flexibility of reinsurance products.
● Due to the growing demand for alternative, lower-yielding instruments, I cannot answer this question.