Mystic Re IV Ltd, founded in 2021 and located in the United Kingdom, is a leading provider of insurance-linked securities designed to give investors unique access to the reinsurance market. The company specializes in issuing catastrophe bonds that transfer risks associated with specific natural disasters.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MYSTRE 14.03% 2026-01-08 USDMystic Re IV Ltd | Bermuda | 2026-01-08 | 14.031 | 0.00 |
| MYSTRE 17.36% 2027-01-08 USDMystic Re IV Ltd | Bermuda | 2027-01-08 | 17.363 | 14.52 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Mystic Re IV has been active in the bond market, launching its first catastrophe bond in early 2022, which achieved a significant oversubscription due to its appealing yield of 6.5%—well above the industry average. In its latest issuance, the company introduced a novel bond feature allowing for partial redemption due to favorable market conditions, aimed at enhancing investor flexibility. Recent reports indicate strong demand for its securities, reflecting positive sentiment towards the company's robust risk management practices and collective expertise in the sector.