Hints and tips:
...Assured Guaranty typically works with lenders financing US municipal government-backed infrastructure projects, providing insurance which pays out to debt investors if a borrower defaults....
...Assured Guaranty provides a niche type of insurance that pays out to lenders if a borrower defaults on its loans....
...AMG sold its equity stake to Assured Guaranty for $91m....
...Assured Guaranty, a US-based insurer that survived, has recently been ramping up its activity in the UK....
...Assured Guaranty Municipal Corporation, one of Assured’s subsidiaries, could see its capital “modestly affected” by a restructuring, he added....
...For investors holding that insured paper, companies such as Ambac, Assured Guaranty, and MBIA unit National Public Finance Guarantee have stepped in to cover missed interest payments, propelling a rally...
...The agreement did not include a key party to the negotiations, as the utility continues to thrash out terms with monoline insurers, including Assured Guaranty, National Public Finance Guarantee and Syncora...
...A deal, which would be the largest restructuring in the $3.6tn muni market, has not yet been clinched as monoline insurers — including Assured Guaranty, National Public Finance Guarantee and Syncora Guarantee...
...MBIA and Assured Guaranty have billions of dollars of exposure to Puerto Rico. They may come out of the latest crisis with just a few scrapes here and there....
...The company’s subsidiaries Assured Guaranty Municipal and Assured Guaranty Corp backed a combined $3.6bn of Puerto Rico obligations as of the end of last year, according to Bloomberg....
...Shares in Assured Guaranty and MBIA, bond insurers that guarantee some of Puerto Rico’s debts, fell 12.5 per cent and 17.4 per cent respectively....
...These include the Bermuda-based insurance companies Maiden Holdings, Assured Guaranty, Axis Capital Holdings, Validus Holdings and Aspen Insurance Holdings....
...There were nine active insurers in 2007, versus just Assured Guaranty and new entry, Build America Mutual, in 2013 after most insurers collapsed. There are other impediments....
...TMC Bonds, a consortium owned and backed by the likes of Bank of America Merrill Lynch, Citigroup, Morgan Stanley and the bond insurer Assured Guaranty, announced on Tuesday that it is launching a so-called...
...Assured Guaranty Municipal Corp and National Public Finance Guarantee Corp allege that the city is “unlawfully diverting voter-approved” taxes meant for “the sole purpose of paying principal and interest...
...MBIA, through its subsidiary National Public Finance Guarantee Corp, has insured $5.3bn of Puerto Rican municipal debt; Assured backstops $5.5bn....
...Guaranty, announced on Tuesday that it is launching a so-called “dark pool” venue for dealers in conjunction with Codestreet, a fixed income software vendor....
...Assured Guaranty, the bond insurer, unveiled a new, um, bond insurer last week. Called Municipal Assurance Corp, or MAC, it will insure US municipal bonds....
...Last month, Assured launched a new double A rated subsidiary, Municipal Assurance Corp, to write new muni business, and MBIA hopes to start writing new business shortly....
...Assured Guaranty, a bond insurer, and Dauphin County, for example, stand to get about 70 per cent of what they are owed – for now – while citizens are already paying higher income taxes and will pay more...
...The settlement came on the same day that UBS agreed to pay $358m to Assured Guaranty to settle claims that it underwrote faulty residential mortgage-backed securities....
...A pre-bankruptcy proposal from Stockton called for losses on bonds – Assured Guaranty, which insured some city bonds, stood to recoup just 17 per cent to 18 per cent on one issue – while preserving the city...
...Assured Guaranty and National Public Finance Guaranty, Stockton bondholders, had argued during a three-day trial that the city should not qualify for bankruptcy because it had not negotiated with them in...
...From then on her path to the lord mayoralty was, if not assured, then certainly fast (six years) and smooth....
...,” said Nick Proud, UK chief executive of Assured Guaranty....
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