Assured Guaranty Insures Merrill 2026A Bond Issue
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Description
Assured Guaranty Inc. is providing bond insurance on Merrill’s $5,470,000 General Obligation Promissory Notes, Series 2026A, enhancing the bonds to an insured S&P AA rating through maturity in 2041. The $32,697.50 premium was paid by the underwriter, BAIRD.
Contract Details
Contract Amount
$32,697.50 (bond insurance premium paid by underwriter)
Vendor
ASSURED GUARANTY INC
Agency
City of Merrill, WI
Contract Type
INSURANCE
Document Date
May 12, 2026
Contract Term
Covers life of $5,470,000 Series 2026A notes, maturing November 1, 2041
Renewal Date
2041-11-01
Renewal Info
Bond insurance policy remains in effect for the full term of the insured 2026A notes and does not renew; coverage ends as the notes are paid off or redeemed.
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