So the MultiCat Mexico Ltd. (Series 2012-1) Class C catastrophe bond notes were not triggered and investors will not face any losses due to hurricane Odile. Read our previous coverage of the fate of the MultiCat Mexico 2012 cat bond after hurricane Odile’s landfall:– Did hurricane Odile just trigger the MultiCat Mexico 2012 cat bond? – MultiCat Mexico 2012 cat bond payout not guaranteed yet. – Fate of MultiCat Mexico 2012 should be known within 120 days: S&P. – MultiCat Mexico 2012 cat bond may not trigger, hurricane Odile data shows.