Assured Guaranty Inc. (AG) announced on July 23, 2025, that it has insured $600 million of Special Facilities Revenue Bonds for the JFK New Terminal One (JFK NTO) project. This transaction marks the third time AG has provided insurance for JFK NTO. The insured bonds priced on July 16 as part of a larger $1.367 billion Series 2025 issuance.
This latest deal brings Assured Guaranty's total insured amount for the JFK NTO project to $2.2 billion. This figure is out of the $5.9 billion of bonds issued to date by JFK NTO. The continued partnership underscores the demand for Assured Guaranty's financial strength and credit enhancement products in large-scale infrastructure developments.
Lorne Potash, Managing Director, Head of Infrastructure Finance, Americas, commented on the strong demand for Assured Guaranty's support on JFK NTO’s third issuance. He emphasized that AG’s financial strength allows it to participate and add value in these complex transactions. This repeat business demonstrates the company's established relationships and expertise in the infrastructure finance sector.
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