January 13, 2017 / 11:11 AM / 6 months ago

BRIEF-Assured Guaranty Corp requests that Moody's no longer rate AGC

1 Min Read

Jan 13 (Reuters) - Assured Guaranty Ltd -

* Requests that Moody's no longer rate AGC

* Requested that Moody's Investors Service, Inc. (Moody's) withdraw AGC's financial strength rating

* Assured Guaranty says Moody's assigned AGC's current rating in Jan 2013 and since then rating has failed to keep pace with substantial strengthening of AGC

* Assured Guaranty says believes Moody's A3 rating does not accurately describe AGC's current strong and growing financial strength

* Assured Guaranty Corp says has arranged for S&P to assign AGC's AA (stable) rating to certain agc-insured bonds not previously rated by S&P Source text for Eikon: Further company coverage:

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