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Stock impact report

Assured Guaranty Municipal Insures Another $800 Million for JFK International Airport’s New Terminal One Project

Assured Guaranty Ltd. (AGO) 
US:NYSE Investor Relations: assuredguaranty.com/investor-information
Company Research Source: Business Wire
Insured Bonds are Part of a $2.55 Billion Issue NEW YORK--(BUSINESS WIRE)--Assured Guaranty Municipal Corp. (AGM)* has, for the second time, insured $800 million of senior Special Facilities Revenue Bonds issued by the New York Transportation Development Corporation on behalf of JFK New Terminal One (JFK NTO), a consortium comprising Ferrovial Airports, JLC Infrastructure, Ullico Infrastructure Fund and Carlyle Group. Following a successful, similar December 2023 bond issuance, the insured bonds were issued on June 27 as part of a $2.55 billion Series 2024 issue of fixed-rate bonds. This increases AGM-insured bonds to an aggregate of $1.6 billion out of the $4.55 billion of bonds issued to date by JFK NTO.Lorne Potash, Managing Director, Infrastructure Finance, Americas commented, “For the second time in less than seven months, Assured Guaranty’s bond insurance on $800 million of bonds once again helped the issuer achieve a highly successful execution. The 2023 and 2024 insured iss Show less Read more
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