Assured Guaranty Responds to Puerto Rico Governor's Comment on Insurers' Suit Challenging Constitutionality of Revenue Clawback

In response to Puerto Rico Governor Garcia Padilla's statement reported on Friday, January 8 that there is no legal framework to address Puerto Rico's debt disputes and that "the Commonwealth and its creditors will soon face the opposite of due process and rule of law," Dominic Frederico, President and CEO of Assured Guaranty Ltd.

(together with its subsidiaries, Assured Guaranty), made the following statement: "We're disappointed that the Governor continues to focus his efforts on chapter 9 bankruptcy access rather than initiating solutions that promote a consensual resolution of the island's fiscal, economic and structural problems. It is ironic that the Governor's remarks feign concern about the absence of a legal framework, due