IFLR1000

GoldenTree Asset Management $392 million acquisition of Syncora Guarantee

15/8/2019
Private acquisition
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$ 392.5 million

Announced

15/8/2019

Overview:

  • GoldenTree Asset Management has acquired Syncora Guarantee, the New York financial guarantee insurance subsidiary of Syncora Holdings, for $392 million. 

Rani Mehta - Latin America Editor

Jurisdictions:

United States
Bermuda

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Insurance

Firms:
Debevoise & Plimpton

Party: Syncora Guarantee Inc (Target)

Lawyers: Eric Juergens, Steven Slutzky, William Regner

Sheppard Mullin Richter & Hampton

Party: Goldentree Asset Management (Acquirer)

Sidley Austin

Party: Goldentree Asset Management (Acquirer)

Lawyers: Jonathan Kelly, Michael Devins, Michael Gordon

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