Moody's Investors Service said it has downgraded the insurance financial strength rating of Assured Guaranty Municipal Corp. (AGM) to A2 from Aa3, Assured Guaranty Corp. (AGC) to A3 from Aa3, and the Assured Guaranty Re Ltd. (AGRe) to Baa1 from A1.

In the same rating action, Moody's also downgraded the senior unsecured debt ratings of both Assured Guaranty US Holdings Inc. and Assured Guaranty Municipal Holdings Inc., to Baa2, from A3.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.