Texas Drought Forces Small Town to Default on Water System Debt [Yahoo! Finance]
Assured Guaranty Ltd. (AGO)
US:NYSE Investor Relations:
assuredguaranty.com/investor-information
Company Research
Source: Yahoo! Finance
(Bloomberg) -- A persistent drought in Texas is hurting the finances of a small town, making it unable to pay bondholders in a rare instance of climate-related default. Most Read from Bloomberg A Floating Island in Baltimore Raises Hope for a Waterfront Revival ‘Train Lovers' Organize to Support Harris and Walz in Presidential Bid A Warehouse Store Promises Housing for South LA, in Bulk Part of Downtown Montreal Is Flooded After Water Pipe Breaks The Cross-Continental Race Using Only Public Transit The city of Clyde, located roughly halfway between Dallas and Midland, informed investors it couldn't make a debt payment due in August, according to a securities filing. Instead, its bond insurers — Assured Guaranty and Build America Mutual — were asked to cover the payment, illustrating the financial strain facing the city. “Such draw is unscheduled and reflects financial difficulties of the issuer, including without limitation financial difficulties resulting from increa
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AGO
News
- Assured Guaranty Ltd. (NYSE: AGO) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Assured Guaranty Ltd. (NYSE: AGO) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Assured Guaranty Ltd. (NYSE: AGO) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Texas Drought Forces Small Town to Default on Water System Debt [BNN Bloomberg (Canada)]BNN Bloomberg
- Assured Guaranty Ltd. (NYSE: AGO) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
AGO
Earnings
- 8/7/24 - Miss
AGO
Sec Filings
- 9/10/24 - Form 8-K
- 9/6/24 - Form 4
- 9/4/24 - Form 144
- AGO's page on the SEC website