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Assured Guaranty Ltd. Changes Name of Subsidiary Financial Security Assurance Inc. to Assured Guaranty Municipal Corp.

Publication: Business Wire
Publication Date: 02-NOV-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Assured Guaranty Companies Provide Municipal Market with Choice of Two Financial Guarantors

NEW YORK -- Assured Guaranty Ltd. (NYSE:AGO) ("Assured Guaranty" or the "Company"), the holding company for Assured Guaranty Corp. and Financial Security Assurance Inc. ("FSA"), announced today that, pending regulatory approval, it will change the name of its subsidiary FSA to Assured Guaranty Municipal Corp. The Company also plans to change the names of the FSA companies worldwide.

Assured Guaranty acquired FSA on July 1, 2009, expanding its presence in the bond insurance industry by offering issuers and investors the financial strength and flexibility of two separately capitalized bond insurers. Assured Guaranty Municipal Corp., formerly FSA, now serves the municipal market exclusively, and Assured Guaranty Corp. provides financial guaranty...

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