Assured Guaranty, PREPA Enter Restructuring Support Agreement

Bond insurance subsidiaries of Assured Guaranty Ltd. AGO (together with its subsidiaries, Assured Guaranty) have entered into a restructuring support agreement (RSA) with the Puerto Rico Electric Power Authority (PREPA) and other stakeholders. The restructuring transaction described in the RSA is intended to, among other things, provide a framework for the consensual resolution of the treatment of insured PREPA revenue bonds in PREPA's recovery plan and to provide bridge financing for PREPA's January 1st interest payment. Assured Guaranty's proportionate share of the PREPA bridge financing is approximately $15 million. Upon finalization of the restructuring transaction, insured PREPA revenue bonds (with no reduction to par or stated interest rate or extension of maturity) will be supported by See full press release