Assured Guaranty Ltd. has announced that it has insured $600 million of Special Facilities Revenue Bonds for the JFK International Airport's New Terminal One Project. This marks the third transaction insured by Assured Guaranty for this project, bringing their total insured amount to $2.2 billion out of the $5.9 billion issued by JFK NTO to date. The bonds, part of a $1.367 billion Series 2025 issuance, were priced on July 16. Assured Guaranty has secured bonds due in 2038, 2043, 2045, and 2060, and portions of bonds due in 2050, 2055, and 2059. The transaction underscores the strong partnership between Assured Guaranty and JFK NTO, as highlighted by Lorne Potash, Managing Director, Head of Infrastructure Finance, Americas, who noted the robust demand for their support in this latest issuance.
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