Assured Guaranty Ltd. has filed an automatic shelf registration statement for the sale of an undisclosed amount of various securities from time to time.
The registration statement covers the sale of Assured Guaranty's common shares, preferred shares, depositary shares and debt securities. It also covers the offering of warrants to purchase Assured Guaranty's common shares or preferred shares, and warrants to purchase the company's debt securities. The statement also covers the sale of the company's stock purchase contracts and stock purchase units.
Additionally, the filing covers the sale of the debt securities of Assured Guaranty units Assured Guaranty U.S. Holdings Inc. and Assured Guaranty Municipal Holdings Inc., and Assured Guaranty's guarantee of the debt securities.
The company expects to use the net proceeds from the sale of securities for general corporate purposes, including debt repayment, expansion of net underwriting capacity, dividend payments, share buyback and acquisitions of companies or portfolios of business.