Mona Lisa Re Ltd, founded in 2018 and based in the Cayman Islands, is dedicated to providing innovative insurance and reinsurance solutions primarily for the art and collectibles market. The company offers a range of products, including coverage for high-value artworks, collections, and other unique assets.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MONLIS 10.99% 2025-07-08 USDMona Lisa Re Ltd | Bermuda | 2025-07-08 | 10.985 | 0.00 |
| MONLIS 17.28% 2026-01-08 USDMona Lisa Re Ltd | Bermuda | 2026-01-08 | 17.281 | 26.13 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Mona Lisa Re Ltd commenced its bond issuance in 2020, establishing a strong presence in the investment community with its inaugural offering that garnered significant investor interest. The company’s most notable issuance was a $150 million bond in 2022, aimed at expanding coverage options in the growing art market, which currently yields approximately 6%, in line with industry standards. Special features of the bonds include periodic interest payments and the rare ability to offer collateralization based on insured art valuations. Recent news includes plans to expand offerings amid a rising demand for art insurance, further solidifying its position in the niche market.