Aspire Defence series A, B bondholders meetings slated for May 23

By Wendy Van Sickle

Columbus, Ohio, May 4 – Aspire Defence Finance plc announced that series A and series B bondholder meetings will be convened at 6:30 a.m. ET and 7 a.m. ET, respectively, on May 23 for holders to consider and vote on extraordinary resolutions, according to two notices.

Assured Guaranty UK Ltd. is proposing to bring the current guarantees provided in respect of the bonds into line with the modern double guarantee structure and give bondholders direct recourse to parent company Assured Guaranty Municipal Corp.

Assured is a Hamilton, Bermuda, provider of credit enhancement for municipal finance, structured finance and mortgage markets. Aspire Defends is the issuer for the Allenby/Connaught Private Finance Initiative project.

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