Founded in 1997, ACA Financial Guaranty Corporation is a monoline bond insurance
company licensed in 50 states and 5 territories and regulated by the Maryland Insurance
Administration.
On August 8, 2008, the Company and counterparties to its structured finance products
reached an agreement on a restructuring plan for ACA. The plan, approved by the
Maryland Insurance Administration, provided for settlement of the structured finance
obligations and protection for ACA’s municipal policyholders. ACA will operate as
a runoff insurance company and focus on actively managing its remaining insured
municipal obligations.
ACA’s portfolio consists of more than 300 obligors guarantying timely payment
of principal and interest on approximately $4.3 billion of generally high yield municipal
bonds.
All information subject to Terms & Conditions.
Media inquiries should be directed to:
Sloane & Company
(212) 446-1860
esloane@sloanepr.com
May 14th, 2013
Abacus Litigation
Statement,
Decision
January 4th, 2013
Abacus Litigation
Statement,
Amended Complaint
April 26th, 2012
Abacus Litigation
Statement,
Decision
February 28th, 2011
ACA Posts 2010 Annual Statement
Press Release
January 6th, 2011
Abacus Litigation
Press Release,
Complaint
April 19th, 2010
Abacus 2007-AC1
Since 2008, ACA Financial Guaranty Corporation has cooperated with a Securities and Exchange Commission
(the “SEC”) inquiry focused on a specific collateralized debt obligation (“CDO”) transaction – Abacus
2007-AC1. ACA Management L.L.C., a subsidiary of ACA Financial Guaranty Corporation, acted as the portfolio
selection agent in that transaction. On April 16, 2010, the SEC announced a civil action against Goldman
Sachs & Co. and one of its employees in connection with this CDO. No ACA entity or individual is accused
of any violation by the SEC in this action.
December 15th, 2008
Standard & Poor's: ACA Financial Guaranty Corp. Ratings Raised To 'B'; Ratings Are Withdrawn
August 8th, 2008
Insurance Commission Approves ACA Financial Guaranty
Corporation Settlement & Restructuring Plan