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Published on 8/16/2023 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Assured Guaranty to redeem 5% notes due 2024 via new notes

By Marisa Wong

Los Angeles, Aug. 16 – Assured Guaranty US Holdings Inc. will redeem its $330 million outstanding 5% senior notes due July 1, 2024 using proceeds from an offering of new notes, according to a 424B3 filing with the Securities and Exchange Commission.

Assured Guaranty US priced $350 million of 6.125% senior notes due Sept. 15, 2028 guaranteed by Assured Guaranty Ltd., according to an FWP filing with the SEC.

Assured is a Hamilton, Bermuda, provider of credit enhancement for municipal finance, structured finance and mortgage markets.


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