Assured Guaranty Ltd. has announced that its subsidiary, Assured Guaranty US Holdings Inc., has priced its $150 million Series A Enhanced Junior Subordinated Debentures due 2066. The debentures will pay a fixed 6.40 percent rate of interest until December 15, 2016 and pay a floating rate based on three month LIBOR plus a margin of 2.38 percent with quarterly resets thereafter.

As previously announced, the Company plans to use the proceeds of this offering to repurchase 5.7 million common shares of Assured Guaranty from a subsidiary of Ace Ltd.

Dominic Frederico, president and chief executive officer of Assured Guaranty Ltd., commented: "We are very pleased with the execution of both the debenture offering and the share repurchase. Together these transactions are evidence of our commitment to manage our capital in an efficient manner to meet our strategic goals and those of our stakeholders."

Banc of America Securities LLC acted as structuring advisor and book-runner, and Deutsche Bank Securities Inc. and Merrill Lynch & Co. acted as joint book-runners. A copy of the prospectus supplement and accompanying prospectus may be obtained by calling toll-free: Banc of America Securities LLC at (800) 294-1322, Deutsche Bank Securities Inc. at (800) 503-4611 or Merrill Lynch & Co. at (866) 500-5408.