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Published on 5/19/2021 in the Prospect News Investment Grade Daily.

S&P rates Assured Guaranty US notes A

S&P said it assigned its A rating to Assured Guaranty US Holdings Inc.'s proposed senior unsecured notes due 2031.

The issuer is a wholly owned subsidiary of Assured Guaranty Ltd., which intends to use the cash proceeds for general corporate purposes, which may include the repurchase or redemption of certain subsidiary high-cost debt.

The outlook is stable.


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