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Press release content from Business Wire. The AP news staff was not involved in its creation.

Assured Guaranty Municipal Holdings, Inc. Is Redeeming Certain Outstanding Debt

July 9, 2021 GMT

NEW YORK--(BUSINESS WIRE)--Jul 9, 2021--

Assured Guaranty Ltd. (NYSE: AGO) announced that its subsidiary, Assured Guaranty Municipal Holdings, Inc. is redeeming certain outstanding debt:

Full Redemption:
Assured Guaranty Municipal Holdings Inc.
6.875% Quarterly Interest Bond Security due December 15, 2101

Pursuant to the terms of the governing document dated as of February 24, 1999, between Assured Guaranty Municipal Holdings Inc., as Issuer, and U.S. Bank National Association, as Trustee or Agent, the bonds listed below were selected for full redemption on July 9, 2021 (the Redemption Date) at the price listed below of the principal amount (the Redemption Price) together with interest accrued to the Redemption Date.

CUSIP

 

Maturity

 

Rate

 

Amount

 

Price

04623A205

 

12/15/2101

 

6.875%

 

$100,000,000

 

100.00%

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Partial Redemption:
Assured Guaranty Municipal Holdings Inc.
6.25% Note due November 1, 2102

Pursuant to the terms of the governing document dated as of February 24, 1999, between Assured Guaranty Municipal Holdings Inc., as Issuer, and U.S. Bank National Association, as Trustee or Agent, a portion of the notes listed below is being redeemed, based on a lottery, on July 9, 2021 (the Redemption Date) at the price listed below of the principal amount (the Redemption Price) together with interest accrued to the Redemption Date.

CUSIP

Maturity

Rate

Amount

Price

04623A304

11/01/2102

6.25%

$100,000,000

100.00%

Assured Guaranty Ltd. is a publicly traded Bermuda-based holding company. Through its subsidiaries, Assured Guaranty provides credit enhancement products to the U.S. and international public finance, infrastructure and structured finance markets, and also provides asset management services.

View source version on businesswire.com:https://www.businesswire.com/news/home/20210709005321/en/

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CONTACT: Investor Relations:

Robert Tucker, 212-339-0861

Senior Managing Director

rtucker@assuredguaranty.com

Media:

Ashweeta Durani, 212-408-6042

Vice President, Corporate Communications

adurani@assuredguaranty.com

KEYWORD: CARIBBEAN UNITED STATES BERMUDA NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: OTHER PROFESSIONAL SERVICES PROFESSIONAL SERVICES FINANCE

SOURCE: Assured Guaranty Ltd.

Copyright Business Wire 2021.

PUB: 07/09/2021 11:12 AM/DISC: 07/09/2021 11:12 AM

http://www.businesswire.com/news/home/20210709005321/en