Business & Finance
Business and Finance
Business and Finance
Wed, November 27, 2024
[ 06:20 PM ] - Bill Williamson
[ 06:00 PM ] - Bill Williamson
[ 06:00 PM ] - Bill Williamson
[ 06:00 PM ] - Bill Williamson
[ 05:41 PM ] - Bill Williamson
[ 05:41 PM ] - Bill Williamson
[ 05:41 PM ] - Bill Williamson
[ 05:41 PM ] - Bill Williamson
[ 05:41 PM ] - Bill Williamson
[ 05:41 PM ] - Bill Williamson
[ 05:40 PM ] - Bill Williamson
[ 05:40 PM ] - Bill Williamson
Assured Guaranty UK Ltd in deal with ports owner in Britain
- Assured Guaranty UK Ltd has broadened its debt service guarantee business after striking a deal with Britain's leading port owner. The company, a subsidiary of Bermudian-based Assured Guaranty Ltd,
The article from The Royal Gazette discusses a significant financial transaction involving Assured Guaranty UK Ltd., a subsidiary of Assured Guaranty Ltd., which has entered into a £250 million ($317 million) credit enhancement deal with Associated British Ports Holdings Ltd. This deal aims to support the refinancing of ABP's existing debt. Assured Guaranty will provide a financial guarantee to enhance the creditworthiness of the bonds issued by ABP, thereby reducing the cost of borrowing for the port operator. The transaction not only highlights the strategic financial maneuvers within the UK's infrastructure sector but also underscores Assured Guaranty's role in facilitating large-scale infrastructure financing through credit enhancement.
Read the Full The Royal Gazette Article at [ https://www.royalgazette.com/reinsurance/business/article/20241127/assured-guaranty-uk-ltd-in-deal-with-ports-owner-in-britain/ ]
Read the Full The Royal Gazette Article at [ https://www.royalgazette.com/reinsurance/business/article/20241127/assured-guaranty-uk-ltd-in-deal-with-ports-owner-in-britain/ ]
