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Assured Guaranty (UK) Ltd. Appoints Marc Bajer as Managing Director and Head of European Business.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Assured Guaranty As a verb, to agree to be responsible for the payment of another's debt or the performance of another's duty, liability, or obligation if that person does not perform as he or she is legally obligated to do; to assume the responsibility of a guarantor; to warrant.  Corp., a subsidiary of Assured Guaranty Ltd. (NYSE NYSE

See: New York Stock Exchange
:AGO), is pleased to announce that Assured Guaranty (UK) Ltd. has appointed Marc Bajer as Managing Director and head of its European business. Mr. Bajer will be responsible for the continued development of Assured Guaranty's European operations, including the global asset- and mortgage-backed securities Mortgage-backed securities (MSBs)

Securities backed by a pool of mortgage loans.
, structured finance, public finance, project finance and private finance initiative markets. He will report to Michael Schozer, President of Assured Guaranty Corp., who commented, "We are extremely pleased to have Marc join our team. Expanding our international business is an important focus for Assured Guaranty's continued growth. Marc's extensive experience in European capital The term European capital may refer to:
  • the capital of one of the several European countries, see List of European countries and their capitals
  • the Capital of the European Union
 markets will contribute to the expansion of our European franchise."

Mr. Bajer has more than 25 years of experience in the U.S. and international fixed income markets, with a specialization in ABS, MBS See Mb/sec.

MBS - mobile broadband services
 and structured finance. He joins Assured Guaranty from Via Capital, where he was Chief Executive Officer. Previously, Mr. Bajer was Global Co-Head of Debt and Structured Capital Markets for Commerzbank AG London. Mr. Bajer, a French national, is a graduate of Hope College.

Assured Guaranty Corp. is a leading provider of financial guaranty insurance in the U.S. and international public finance, structured finance and mortgage-backed securities markets. Assured Guaranty Corp.'s underwriting experience combined with its financial strength make it the innovative financial guaranty partner of choice for issuers, investors and broker/dealers.

Assured Guaranty Ltd. is a Bermuda-based holding company. Its operating subsidiaries provide credit enhancement Credit Enhancement

A method whereby a company attempts to improve its debt or credit worthiness.

Notes:
Credit enhancements take many different forms. An example of a credit enhancement would be conversion rights added on to a debt instrument in order to lower the issuing
 products to the U.S. and international public finance, structured finance and mortgage markets. More information can be found at http://www.assuredguaranty.com.

Any forward-looking statements made in this press release reflect the Company's current views with respect to future events and financial performance and are made pursuant to the safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Such statements involve risks and uncertainties that may cause actual results to differ materially from those set forth in these statements. For example, the forward-looking statements concerning potential business in the international credit enhancement markets could be affected by demand, competition and regulatory action. The forward looking statements also could be affected by rating agency action such as a ratings downgrade, difficulties with the execution of the business strategy, developments in the world's financial and capital markets, more severe losses or more frequent losses associated with products affecting the adequacy of the company's loss reserve, changes in tax laws, loss of key personnel, changes in accounting policies or practices, and changes in general economic conditions, as well as management's response to these factors, and other risk factors identified in Assured Guaranty Ltd.'s filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the dates on which they are made. Assured Guaranty Ltd. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 6, 2005
Words:503
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