Assured Guaranty Corp. is providing a surety bond guaranty of up to $1 billion for the benefit of Jupiter Securitization Co., a multi-seller ABCP conduit that is administered by JPMorgan Chase.

The guaranty will benefit Jupiter’s commercial paper investors by providing a portion of Jupiter’s program-wide credit enhancement. Jupiter, which was established in 1990, specializes in providing financing to companies in traditional asset classes, such as credit cards, trade receivables, residential mortgages, auto loans and financing leases and equipment loans and leases.

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