Business Services Industry
Assured Guaranty Corp. Opens Office in Sydney, Australia
Business Wire, Jan 6, 2008
NEW YORK -- Assured Guaranty Corp. (along with its subsidiaries, "Assured") is pleased to announce the opening of its new office in Sydney, Australia, which will focus on Assured's expansion in the Australian and Asian/Pacific markets. The office will be headed by Craig Lee, Managing Director, Asia/Pacific, who was previously stationed in Assured's London office.
"We are excited about the opportunity to establish a physical presence in the Asian/Pacific region, which has been an area of focus for Assured since Craig was hired in early 2007," commented Mike Schozer, President of Assured Guaranty Corp. "The opening of the Sydney office testifies to our commitment to the region and marks another milestone in the expansion of our direct financial guaranty franchise."
Find below the address and contact information for our Sydney office: Assured Guaranty Corp. Level 46, Governor Phillip Tower 1 Farrer Place, Sydney NSW 2000, Australia Telephone: 61 (02) 9947 9738 Facsimile: 61 (02) 9947 9777
Assured Guaranty Corp., a subsidiary of Assured Guaranty Ltd. (the "Company") is a leading provider of financial guaranty insurance in the U.S. and international public finance, structured finance and mortgage-backed securities markets. Assured Guaranty Corp. has triple-A (stable) insurer financial strength ratings from the three major global credit rating agencies and is licensed in all 50 states, the District of Columbia and Puerto Rico.
Assured Guaranty Ltd. (NYSE:AGO) is a publicly-traded Bermuda-based holding company. Its operating subsidiaries provide credit enhancement products to the U.S. and international public finance, structured finance and mortgage markets. More information on the Company and its subsidiaries can be found at www.assuredguaranty.com.
Any forward-looking statements made in this press release reflect the Company's current views with respect to future events and financial performance and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties that may cause actual results to differ materially from those set forth in these statements. For example, the forward-looking statements concerning potential business in the international credit enhancement markets could be affected by demand, competition and regulatory action. These events include a significant reduction in the amount of reinsurance ceded by one or more of our principal ceding companies, rating agency action such as a ratings downgrade, difficulties with the execution of the Company's business strategy, contract cancellations, developments or volatility in the world's financial and capital markets, more severe or frequent losses associated with products affecting the adequacy of the Company's loss reserves, changes in regulation or tax laws, governmental actions, natural catastrophes, the Company's dependence on customers, decreased demand or increased competition, loss of key personnel, technological developments, the effects of mergers, acquisitions and divestitures, changes in accounting policies or practices, changes in general economic conditions, other risks and uncertainties that have not been identified at this time, management's response to these factors, and other risk factors identified in the Company's filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward looking statements, which speak only as of the dates on which they are made. The Company undertakes no obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise.
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