Assured Guaranty (AGO) Prices $350M Notes Offering
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Assured Guaranty Announces Pricing of $350 Million Senior Notes Offering
August 16, 2023 5:58 PM EDTHAMILTON, Bermuda--(BUSINESS WIRE)-- 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... More
