Assured Guaranty (AGO) Prices $350M Notes Offering

Assured Guaranty Ltd. (NYSE: AGO) announced that its subsidiary, Assured Guaranty US Holdings Inc. (AGUS), has agreed to sell $350 million of 6.125% Senior Notes due 2028. The notes are guaranteed by Assured Guaranty Ltd. (together with its subsidiaries, Assured Guaranty). The notes are expected to settle on August 21, 2023, subject to customary closing conditions.

The net proceeds from the sale of the notes will be used to redeem all $330 million outstanding principal amount of AGUS’ 5.0% Senior Notes due 2024 and for general corporate purposes.

The joint book-running managers for the offering are Goldman Sachs & Co. LLC and BofA Securities, Inc. In addition, Loop Capital Markets LLC and KeyBanc Capital Markets Inc. are co-managers.

The offering is being made only by means of a prospectus supplement and accompanying prospectus.

You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, you may request the prospectus by calling Goldman Sachs & Co. LLC at 1-866-471-2526 or BofA Securities, Inc. at 1-800-294-1322.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the senior notes or any other securities, nor will there be any sale of the senior notes or any other securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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