Assured to guarantee FSA bonds
Created: Jul 21, 2009 11:00 AM
NEW YORK (Bloomberg) — Assured Guaranty Ltd. will provide a guarantee on three bonds issued by Financial Security Assurance Holdings Ltd., after it agreed to acquire FSA in November.
"These actions are another step in our integration process," said Dominic Frederico, president and chief executive officer of Assured Guaranty, in a statement released on Business Wire.
The Assured-guaranteed bonds are ones issued by FSA that mature in December 2101, November 2102 and July 2103, according to the statement. The bonds are being withdrawn from listing on the New York Stock Exchange.