Financial Securities Assurance Inc. is getting a makeover. The company was acquired by and became a subsidiary of Assured Guaranty Ltd. in July, and it was announced Monday its name would be changed to Assured Guaranty Municipal Corp.

Assured will continue to operate its two subsidiaries, Assured Guarantee Corp. and Assured Guarantee Municipal Corp., as distinct bond insurers. A press release said that would allow investors the choice between “two proven, financially strong guarantors.”

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