Category: Structured Finance
Assured wraps Euro CLO pair
Assured Guaranty has over the last month wrapped a portion of debt issued by two European CLOs for European investors. Assured Guaranty (Europe) guaranteed €125m of triple-A rated class A notes issued by NIBC Bank’s North Westerly V CLO, while Assured Guaranty Corp and Assured Guaranty UK co-guaranteed €100m – in aggregate – across the triple-A through single-A rated class A1, A2A and B notes issued by Blackstone’s Tymon Park CLO.
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