Assured Guaranty Municipal Insures $800 Million for JFK International Airport’s New Terminal One Project
Assured Guaranty Municipal Insures $800 Million for JFK International Airport’s New Terminal One Project
06/27/24, 3:21 PM
Location
pembroke
Money
$800 million
Industry
lending
financial services
Type
partnership
Assured Guaranty Municipal Corp. (AGM) has insured $800 million of senior Special Facilities Revenue Bonds issued for JFK New Terminal One (JFK NTO). The bonds were issued as part of a $2.55 billion Series 2024 issue of fixed-rate bonds, making the total AGM-insured bonds amount to $1.6 billion out of $4.55 billion issued by JFK NTO.
Company Info
Location
pembroke, hamilton, bermuda
Additional Info
Assured Guaranty Municipal Corp. (AGM) was a subsidiary company based in Bermuda, specializing in providing credit enhancement for public finance and structured finance obligations. After the merger, all obligations of AGM are now obligations of AG, and Assured Guaranty UK Limited and Assured Guaranty (Europe) SA are now subsidiaries of AG.