Security: Assured Guaranty US Holdings Inc. 6.125% $350MM Senior Notes due 2028 (the “Securities”)
CUSIP: 04621WAF7
ISIN: US04621WAF77
Ticker: AGO/28
Corporate issuer: Assured Guaranty US Holdings Inc. (the “Issuer”)
Guaranteed by: Assured Guaranty Ltd.
Par/denomination: $2,000 and integral multiples of $1,000 in excess thereof
Coupon or dividend rate: $122.50 per $2,000
$61.25 per $1,000
6.125% per annum
Coupon or dividend record date: Close of business Mar. 1 and Sept. 1 preceding the interest payment date
Coupon or dividend payment date: Mar. 15 and Sept. 15, beginning Mar. 15, 2024
Issue date: 08/21/2023
Maturity date: 09/15/2028
Optional redemption: The Issuer may redeem all or part of the Securities at any time or from time to time prior to August 15, 2028 (the date that is one month prior to the maturity of the Securities (the “Par Call Date”)), at its option, at a redemption price equal to the greater of (i) 100% of the principal amount of the Securities being redeemed; and (ii) the sum of the present values of the remaining scheduled payments of principal and interest on the Securities being redeemed (excluding interest accrued to the redemption date) from the redemption date to the Par Call Date discounted to the date of redemption on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at a discount rate equal to the treasury rate plus 30 basis points; plus, in each case, accrued and unpaid interest on the Securities to be redeemed to, but excluding, the redemption date.
The Issuer may redeem all or part of the Securities at any time or from time to time on and after the Par Call Date, at its option, at a redemption price equal to 100% of the principal amount of the Securities being redeemed, plus accrued and unpaid interest on the Securities to be redeemed to, but excluding, the redemption date.
Please note information in the prospectus or prospectus supplement is current only as of the date of the document; for more current information, please see Financial Information for Assured Guaranty Ltd. and AGM or AG, as applicable, and Assured Guaranty’s filings with the Securities and Exchange Commission.