NEW YORK, Dec 17 (Reuters) - Assured Guaranty Ltd. (AGO.N) said on Monday it has agreed to sell 11.8 million of its shares in a public offering at $25.50 each, for gross proceeds of about $300 million.
The company will contribute proceeds from the offering to its reinsurance subsidiary, Assured Guaranty Re.
Shares closed at $26.13 Monday on the New York Stock Exchange. (Reporting by Nick Zieminski, editing by Carol Bishopric)
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