Assured Guaranty does second Texas municipal bond deal
Assured Guaranty, the financial guaranty subsidiary of US bond insurer Assured Guaranty, said it has guaranteed $130m of convertible capital appreciation bonds for the North Texas Toll Authority (“NTTA”).
The $130m of insured bonds will help fund the construction of the NTTA’s State Highway 121 project, Assured said in a statement.
The State Highway 121 project will connect Dallas’ two primary north
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