Everything you need to win Financial Guaranty Insurance Company — in one platform.
Who to reach, what to say, and why now on Financial Guaranty Insurance Company — plus every funding round, exec hire, and M&A move that follows, each with the verified contact and the outreach written for you.
Get the full Deep Dive on Financial Guaranty Insurance Company — free.
One free Deep Dive, emailed to you. No spam; unsubscribe anytime.
The decision-maker’s email and mobile — dial in-browser.
FGIC Announces Results of Joinders to the Transaction Support Agreement
Jul 10, 2024•almost 2 years ago
Contract Type
agreement
New YorkFinancial ServicesInsurance
Description
Financial Guaranty Insurance Company (“FGIC”) announced the results of its joinder process for beneficial owners of certain FGIC-insured instruments and units (“Owners”) to join the Transaction Support Agreement. The TSA provides for a transaction (the “Proposed Transaction”) that will accelerate the current long-term run-off of FGIC’s insured portfolio pursuant to the First Amended Plan of Rehabilitation for FGIC, dated June 4, 2013. The total gross amount of Permitted Policy Distributions that will be payable by FGIC to satisfy and discharge such policies is estimated to be approximately $1.841 billion.
Company Information
Company
Financial Guaranty Insurance Company
Location
New York, New York, United States
About
Financial Guaranty Insurance Company (“FGIC”) is a company providing insurance for certain instruments and units.
Predictive Intelligence
Strategic
ML-powered predictions for Financial Guaranty Insurance Company's next move
New YorkFinancial ServicesInsurance