Assured guaranty municipal insures $1.134 billion of bonds for the brightline florida passenger rail project

New york--(business wire)--assured guaranty municipal corp. (agm)* insured $1.134 billion of senior revenue bonds, brightline trains florida llc issue, series 2024 (tax-exempt), issued by the florida development finance corporation on may 9. the bonds insured by agm are part of a $2.219 billion issue of fixed-rate revenue bonds that priced on april 25. by insuring a majority of the senior bonds, assured guaranty's participation helped drive a highly successful execution by morgan stanley in pla.
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