Assured Guaranty Wraps £140M Fixed Rate Public Bond Issue for Heathrow Airport
Portfolio Pulse from Benzinga Newsdesk
Assured Guaranty UK Limited (AGUK), a subsidiary of Assured Guaranty Ltd. (AGO), has guaranteed principal and interest payments on £140 million of bonds issued by Heathrow Airport. The bonds, issued by Heathrow Funding Limited, are split into two £70 million fixed rate tranches due in 2058 and 2059.
November 17, 2023 | 7:27 am
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Assured Guaranty Ltd. has, through its subsidiary AGUK, guaranteed £140 million in bonds for Heathrow Airport, indicating a strong involvement in infrastructure financing.
The guarantee of bonds by AGO's subsidiary AGUK is likely to be viewed positively by investors as it demonstrates the company's active role in significant infrastructure projects. This involvement could enhance investor confidence in AGO's financial stability and business prospects.
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