Assured Guaranty Issues €175 Million DSR Guarantee for XpFibre Groupe
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Businesswire
- Guarantee Transaction Completed: Assured Guaranty (AGE) issued a €175 million five-year debt service reserve guarantee for XpFibre Groupe on December 30, 2025, replacing part of an existing bank facility, demonstrating AGE's active role in the European infrastructure market.
- Strengthening Partnership: This transaction marks AGE's second collaboration with XpFibre Groupe, following the issuance of a 13-year senior secured fixed-rate guarantee in April 2025, indicating a deepening relationship with a major issuer in the French fiber sector.
- Competitive Market Advantage: AGE's DSR guarantee is viewed as a cost-effective alternative to traditional bank guarantees, with XpFibre Groupe recognizing its value, suggesting that AGE will increase its activity in the European fiber and telecom sectors in the coming years, enhancing its competitive edge.
- Rating Support: AGE holds an AA rating from S&P Global Ratings and an AA+ rating from Kroll Bond Rating Agency, reflecting its financial strength and market credibility, which provides robust support for future guarantee transactions.
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About AGO
Assured Guaranty Ltd. is a Bermuda-based holding company. Through its subsidiaries, the Company provides credit enhancement products to the United States and non-United States public finance, infrastructure and structured finance markets. The Company also participates in the asset management business through its ownership interest in Sound Point Capital Management, LP and certain of its investment management affiliates. Its segments include Insurance and Asset Management. Through its insurance subsidiaries, the Company applies its credit underwriting judgment, risk management skills and capital markets experience primarily to offer financial guaranty insurance that protects holders of debt instruments and other monetary obligations from defaults in scheduled payments. Asset management segment serves as an investment advisor to primarily collateralized loan obligations and opportunity funds, through Assured Investment Management LLC and its investment management affiliates.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.





