Assured guaranty wraps £113 million guaranteed financing for student accommodation at the university of essex

London--(business wire)--assured guaranty uk limited (aguk)* announced that it has guaranteed principal and interest payments on £113 million of bonds issued by uliving@essex3 llp. the bond issuance will finance the construction of new student accommodation at the university of essex (the university). the 45-year bonds were sold to uk investors and distributed in two tranches of fixed and index-linked debt, and reached financial close on 17 august 2021, taking advantage of low, long-term rates.
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