Assured Guaranty Wraps £75 million CPI-Linked Bond Issue for Portsmouth Water Limited
Assured Guaranty UK Limited (AGUK)* announced that it has guaranteed principal and interest payments on a £75 million bond issued by Portsmouth Water Limited, a regulated water utility.
- Assured Guaranty UK Limited (AGUK)* announced that it has guaranteed principal and interest payments on a £75 million bond issued by Portsmouth Water Limited, a regulated water utility.
- The 14-year CPI-linked bond was issued on 29 March 2023 and privately placed with two UK investors.
- AGUK provides its financial guarantee together with a co-guarantee from its affiliate Assured Guaranty Municipal Corp. (AGM).
- Both AGUK and AGM are subsidiaries of Assured Guaranty Ltd. (AGL and, together with its subsidiaries, Assured Guaranty).