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Fitch rates Assured Guaranty debt A
Fitch Ratings said it assigned an A rating, Rating Watch evolving, to the $172.5 million senior unsecured note due June 1, 2014 issued by Assured Guaranty U.S. Holdings Inc., a subsidiary of Assured Guaranty Ltd.
The notes are guaranteed by Assured Guaranty Ltd.
Proceeds will be used toward payment of the purchase price for the previously announced acquisition of Financial Security Assurance Holdings Inc., as well as for general corporate purposes.
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