HAMILTON, Bermuda, Mar 30, 2010 (BUSINESS WIRE) --Assured Guaranty Ltd. (Assured Guaranty or the Company) (NYSE:AGO)
announced that the three issues of quarterly interest bonds identified
below issued by its subsidiary Assured Guaranty Municipal Holdings Inc.
(AGMH), formerly Financial Security Assurance Holdings Ltd., have been
approved by the New York Stock Exchange (NYSE) for a listing on that
exchange. The bonds, which had been trading on the TRACE system under
the ticker symbols identified below, are expected to begin trading on
April 1, 2010 under their new NYSE ticker symbols identified below:
| Security |
|
Current FINRA Symbol (TRACE)
|
|
NYSE
Symbol
|
|
Maturity Date |
|
CUSIP |
|
6-7/8% Quarterly Interest Bonds due 2101
|
|
FSB.GB
|
|
AGOPRB
|
|
December 15, 2101
|
|
31769P 40 7
|
|
6.25% Notes due 2102
|
|
FSB.GC
|
|
AGOPRE
|
|
November 1, 2102
|
|
31769P 50 6
|
|
5.60% Notes due 2103
|
|
FSB.GD
|
|
AGOPRF
|
|
July 15, 2103
|
|
31769P 60 5
|
Assured Guaranty has fully and unconditionally guaranteed the three
issues of quarterly interest bonds, as previously announced on July 20,
2009.
"We have relisted these securities on the NYSE in order to increase
price transparency and trading liquidity," said Dominic Frederico,
President and Chief Executive Officer of Assured Guaranty. "As the
leading financial guarantor serving the public finance and structured
finance markets, we are deeply committed to providing investors with the
information they need to make an informed decision about buying both
bonds that we insure as well as our own debt securities."
Assured Guaranty Ltd. is a publicly-traded Bermuda-based holding
company. Its operating subsidiaries provide credit enhancement products
to the U.S. and international public finance, infrastructure and
structured finance markets. More information on the Assured Guaranty
family of companies can be found at www.assuredguaranty.com.
Cautionary Statement Regarding Forward-Looking Statements:
Any forward-looking statements made in this press release reflect the
current views of Assured Guaranty with respect to future events and
financial performance and are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995. Such
statements involve risks and uncertainties that may cause actual results
to differ materially from those set forth in these statements. For
example, Assured Guaranty's forward-looking statements could be affected
by: (1) rating agency action, including a ratings downgrade at any time
of Assured Guaranty or any of its subsidiaries and/or of transactions
insured by such subsidiaries, both of which have occurred in the past;
(2) developments in the world's financial and capital markets that
adversely affect issuers' payment rates, Assured Guaranty's
subsidiaries' loss experience, their ability to cede exposure to
reinsurers, their access to capital, their unrealized (losses) gains on
derivative financial instruments or their investment returns; (3)
changes in the world's credit markets, segments thereof or general
economic conditions; (4) more severe or frequent losses implicating the
adequacy of Assured Guaranty subsidiaries' loss reserve; (5) the impact
of market volatility on the mark-to-market of the Assured Guaranty
subsidiaries contracts written in credit default swap form; (6)
reduction in the amount of reinsurance portfolio opportunities available
to Assured Guaranty subsidiaries'; (7) decreased demand or increased
competition; (8) changes in applicable accounting policies or practices;
(9) changes in applicable laws or regulations, including insurance and
tax laws; (10) other governmental actions; (11) difficulties with the
execution of Assured Guaranty's business strategy; (12) contract
cancellations; (13) the Assured Guaranty subsidiaries dependence on
customers; (14) loss of key personnel; (15) adverse technological
developments; (16) the effects of mergers, acquisitions and
divestitures; (17) natural or man-made catastrophes; (18) other risks
and uncertainties that have not been identified at this time; (19)
management's response to these factors; and (20) other risk factors
identified in the Assured Guaranty's filings with the Securities and
Exchange Commission. Readers are cautioned not to place undue reliance
on these forward-looking statements which are made as of the date of
this press release, Assured Guaranty undertakes no obligation to
publicly update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise.

SOURCE: Assured Guaranty Ltd.
Assured Guaranty Ltd., Hamilton
Investors:
Sabra Purtill, CFA, Managing Director, Investor Relations, 212-408-6044
spurtill@assuredguaranty.com
or
Ross Aron, Assistant Vice President, Investor Relations, 212-261-5509
raron@assuredguaranty.com
or
Robert Tucker, Managing Director, Fixed Income Investor Relations, 212-339-0861
rtucker@assuredguaranty.com
or
Michael Walker, Director, Fixed Income Investor Relations, 212-261-5575
mwalker@assuredguaranty.com