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Assured Guaranty eyes offering of 10-year senior notes
By Aleesia Forni
Virginia Beach, June 17 – Assured Guaranty US Holdings Inc. is set to price an offering of senior notes due 2024, according to a 424B3 filed with the Securities and Exchange Commission.
The joint bookrunners are BofA Merrill Lynch and Wells Fargo Securities LLC.
Proceeds will be used for general corporate purposes, including the repurchase of common shares.
The notes will be guaranteed by Assured Guaranty Ltd.
Assured is a Hamilton, Bermuda, provider of credit enhancement for municipal finance, structured finance and mortgage markets.
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