ASSURED GUARANTY LTD. (NYSE:AGO) Files An 8-K Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure.
(collectively, the Company), has been engaged in confidential
discussions regarding a potential reinsurance transaction (a
Potential Transaction) with Financial Guaranty Insurance Company
(FGIC) and with certain holders (or providers of investment
management or advisory services on behalf of such holders) of
in-force insurance policies issued by FGIC and FGIC deferred
payment obligations, and interests in the foregoing (the
Holders). The Company, the Holders and FGIC have been unable to
reach agreement on the terms of a Potential Transaction.
confidentiality agreements with the Holders to which the Company
agreed to publicly disclose all undisclosed material non-public
information provided to such Holders (the Cleansing Materials)
not later than December 9, 2016. A copy of the Cleansing
Materials is attached as Exhibit 99.1 to this Current Report on
Form 8-K.
Cleansing Materials shall deemed to be furnished and shall not be
deemed to be filed for the purpose of Section 18 of the
Securities Exchange Act of 1934, as amended (the Exchange Act),
or otherwise subject to the liabilities of that section, nor
shall such information and Exhibit be deemed incorporated by
reference in any filing under the Securities Act of 1933, as
amended, or the Exchange Act.
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99.1
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Cleansing Materials
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About ASSURED GUARANTY LTD. (NYSE:AGO)
Assured Guaranty Ltd. is a holding company. The Company provides, through its subsidiaries, credit protection products to the United States and international public finance, including infrastructure, and structured finance markets. It conducts its financial guaranty business on a direct basis through the companies, including Assured Guaranty Municipal Corp. (AGM), Municipal Assurance Corp. (MAC), Assured Guaranty Corp. (AGC), Assured Guaranty (Europe) Ltd. (AGE) and Assured Guaranty Re Ltd. (AG Re). AGM provides financial guaranty insurance on debt obligations issued in the United States public finance and global infrastructure markets. MAC offers insurance and reinsurance on bonds issued by United States or municipal Governmental authorities. AGC provides insurance and reinsurance on debt obligations in the global structured finance market and offers guarantees on obligations. AGE offers financial guarantees in both the international public finance and structured finance. ASSURED GUARANTY LTD. (NYSE:AGO) Recent Trading Information
ASSURED GUARANTY LTD. (NYSE:AGO) closed its last trading session up +0.18 at 38.01 with 777,226 shares trading hands.