Security Flex Committed Capital Securities (Woodbourne Capital Trusts) - $200 million aggregate (four trusts at $50 million per trust)
CUSIP: N/A
Ticker (if any): N/A
Corporate issuer: Assured Guaranty Inc. (AG)
Guaranteed by: N/A
Par/denomination: $25,000 – 2,000 shares per trust
Coupon or dividend rate: auction rate with a maximum of One-Month CME Term SOFR plus 0.11448% spread adjustment plus 2.50%
Coupon or dividend record date: N/A
payable date: every 28 days
ex-date (if any): N/A
Issue Date: April 8, 2005
Maturity: Perpetual
Call date/terms: Issuer may exercise its put option and cause the related trust to purchase AG preferred stock
Trustee contact information: BNYMellon
Broker/Dealer: Banc of America Securities LLC/Merrill Lynch
Offering memorandum (pdf)
