FGIC Announces TSA Termination - The Morning Sun
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FGIC Announces TSA Termination
NEW YORK–(BUSINESS WIRE)–Financial Guaranty Insurance Company (“FGIC”) announces today that it has terminated the Transaction Support Agreement dated as of February 29, 2024 (the “TSA”), among FGIC and certain holders of outstanding FGIC-insured securities and units issued by the Custodial Trusts holding Puerto Rico-related securities insured by FGIC, regarding a potential transaction that would have accelerated the run-off of FGIC’s insured por…
FGIC Announces TSA Termination - The Morning Sun
NEW YORK--(BUSINESS WIRE)--May 25, 2025--Financial Guaranty Insurance Company (“ FGIC ”) announces today that it has terminated the Transaction Support Agreement dated as of February 29, 2024 (the “ TSA ”), among FGIC and certain holders of outstanding FGIC-insured securities and units issued by the Custodial Trusts holding Puerto Rico-related securities insured by FGIC, regarding a potential transaction that would have accelerated the run-off o…
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