WL Ross completes sale of 4,000,000 Assured Guaranty Common Shares
Clients WL Ross & Co. LLC
Jones Day advised affiliates of WL Ross & Co. LLC in connection with the sale of 4,000,000 Common Shares of Assured Guaranty Ltd., a Bermuda-based holding company that trades on the New York Stock Exchange under the symbol AGO. Assured Guaranty, through its subsidiaries, provides municipal bond insurance in the U.S. public finance market and guarantees international public finance transactions and structured financings worldwide. Following the sale, WL Ross will hold approximately 10.9 million, or approximately 5.95%, of Assured Guaranty's outstanding Common Shares.