AGUS To Sell $350M Of 6.125% Senior Notes
Assured Guaranty Ltd. announced that its subsidiary, Assured Guaranty US Holdings Inc. [AGUS], has agreed to sell $350 million of 6.125% Senior Notes due 2028.
A spokesperson said, “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.”
