Assured to re-list FSAH securities
Bermuda-based Assured Guaranty has announced that it expects the re-listing of securities in Financial Security Assurance Holdings Ltd. (FSAH) to be completed by the end of March or the end of the first quarter.
The holding company is in the process of preparing a filing with the US Securities and Exchange Commission (SEC) related to the re-listing that contains certain historical financial information on the company for the quarter ended June 30, 2009, prior to its acquisition.
Assured had previously announced that it anticipated the re-listing would be effective by the end of 2009. The securities have been fully and unconditionally guaranteed by the company and the re-listing will not affect the guaranty, which will remain in full force and effect, or any of the other terms of the securities.
The re-listing will be subject to the approval of the New York Stock Exchange and the SEC, once the required financial information and other necessary information has been filed.