Assured Guaranty
Assured Guaranty eyes Australasian opportunities
Having guaranteed its first local transaction in 2008, Australia continues to be a key country of interest throughout changing times for Assured Guaranty* and for the credit wrap model. With huge infrastructure tasks on the agenda in Australia and New Zealand – especially when energy transition is added to the to-do list – and a growing need to access diverse pools of global capital, Assured Guaranty believes its products have a significant role to play in the coming years.
Back on the block
Credit-wrapped bonds were relatively common in Australia before the financial crisis but have virtually disappeared since. Assured Guaranty has a revived business model, an Australian cooperation agreement with independent arranger and adviser DTW Capital Solutions as exclusive origination consultant, and proof of concept in local deals. The firm believes it has a new value proposition for Australian borrowers.
