
Kilimanjaro III Re Ltd, founded in 2021, is based in Bermuda and specializes in providing reinsurance solutions for a variety of risks. The company offers tailored risk transfer products, with a focus on innovative reinsurance structures designed to meet the needs of its clients.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
KILREL 16.70% 2025-04-21 USDKilimanjaro III Re Ltd | United States | 2025-04-21 | 16.700 | 0.00 |
KILREL 16.70% 2026-04-20 USDKilimanjaro III Re Ltd | United States | 2026-04-20 | 16.700 | 9.46 |
KILREL 5.25% 2025-06-25 USDKilimanjaro III Re Ltd | United States | 2025-06-25 | 5.250 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Kilimanjaro III Re Ltd began issuing bonds in 2021 to enhance its capital base, with the inaugural issuance featuring a unique long-term structure to attract institutional investors. A significant bond tranche, issued in 2022, was linked to catastrophe risk, garnering attention for its competitive yield of 5.25% compared to the industry average of 4.75%. Recent market conditions have seen a stable performance of these bonds, with a focus on maintaining liquidity and investor confidence amidst shifting economic landscapes.