NEW YORK--(BUSINESS WIRE)--GC Securities, a division of MMC Securities Corp., a U.S. registered broker-dealer and member FINRA/NFA/SIPC, today announced the placement of the Series 2015-1 Notes, with notional principal of USD 100,000,000, through the newly formed catastrophe bond shelf program, Bosphorus Ltd., to benefit the Turkish Catastrophe Insurance Pool (“TCIP”). The 2015-1 Notes represent the second time that TCIP has utilized the capital markets to obtain earthquake protection on a para