Assured Guaranty Corp. Appoints John Trahan as Managing Director, East Region for U.S. Public Finance Group.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 Corp., a subsidiary of Assured Guaranty Ltd. (NYSE NYSE See: New York Stock Exchange :AGO), is pleased to announce the appointment of John Trahan to the position of Managing Director, East Region in its Public Finance group. Mr. Trahan is responsible for Assured Guaranty's public finance business in the eastern United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and reports to Kathy Evers, Managing Director of the Public Finance group. Mike Schozer, President of Assured Guaranty Corp. commented, "John's credit and business development experience make him a significant addition to an already strong team. He will be an integral part of our efforts to continue building our franchise in this important market segment." Mr. Trahan has more than 18 years of experience in the municipal 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 market. He was most recently employed as a Director at BNP Paribas, with a focus on developing the bank's public finance franchise in the eastern and southern United States The Southern United States—commonly referred to as the American South, Dixie, or simply the South—constitutes a large distinctive region in the southeastern and south-central United States. . 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 Mortgage-backed securities (MSBs) Securities backed by a pool of mortgage loans. markets. Assured Guaranty Corp.'s underwriting experience combined with its financial strength makes 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 products to the U.S. and international public finance, structured finance and mortgage markets. More information can be found at http://www.assuredguaranty.com. |
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