Assured Guaranty is expected to provide insurance for approximately $265.5 million of General Obligation Bonds, Series 2025, for the El Paso County Hospital District in Texas. This announcement was made on June 11, 2025. The bonds are intended to fund improvements at a local medical center and expand treatment services.
S&P Global Ratings is expected to issue an AA rating to the insured debt, based on the insurance provided by Assured Guaranty. The proceeds will be used for acquiring, constructing, equipping, renovating, and enlarging the district's hospital system. This includes expanding cancer treatment facilities, services for burn victims, and new clinical facilities focused on older adult care.
This new contract win reinforces Assured Guaranty's role in supporting vital public health infrastructure in the U.S. The company's financial guaranty provides credit enhancement, which is crucial for securing favorable financing terms for such essential community projects. This contributes to Assured Guaranty's consistent new business production in the public finance sector.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.