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Assured Guaranty plans to sell senior notes via Goldman, BofA
By Devika Patel
Knoxville, Tenn., May 19 – Assured Guaranty US Holdings Inc. intends to issue guaranteed senior notes, according to a 424B3 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Assured Guaranty Ltd.
The notes feature a make-whole call and then a par call.
The bookrunners are Goldman Sachs & Co. LLC and BofA Securities, Inc.
Proceeds will be used for general corporate purposes, which may include the repurchase or redemption of all or a portion of the $100 million Assured Guaranty Municipal Holdings Inc.’s 6.875% Quarterly Interest Bonds due Dec. 15, 2101 and/or the $230 million 6.25% notes due Nov. 1, 2102.
Assured is a Hamilton, Bermuda, provider of credit enhancement for municipal finance, structured finance and mortgage markets.
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