{
  "docId": "019dd923-622b-71dc-a6db-054b0ed0ae9f",
  "docSlug": "6d553bb1191d",
  "documentTitle": "Assured Guaranty (AGO)",
  "authorId": "04_Greenlight_Capital",
  "authorName": "David Einhorn",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2018-04-23 00:00:00",
  "orientation": "portrait",
  "aspectRatio": 0.77272725,
  "pageNumber": 56,
  "pageCount": 63,
  "prevPage": 55,
  "nextPage": 57,
  "slideType": "appendix_data",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 28,
  "notes": "BIG stands for Below Investment Grade.",
  "elementsJson": [
    "headline_text",
    "data_table",
    "paragraph",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622b-71dc-a6db-054b0ed0ae9f/56",
  "deckHref": "/decks/019dd923-622b-71dc-a6db-054b0ed0ae9f",
  "deckJsonHref": "/decks/019dd923-622b-71dc-a6db-054b0ed0ae9f.json",
  "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-054b0ed0ae9f#slide-56",
  "components": [
    {
      "bbox": null,
      "kind": "metric",
      "text": "credit rating",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd953-0936-7173-ab29-6b8fdf23735a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.74,
        "x": 0.13,
        "y": 0.48
      },
      "kind": "paragraph",
      "text": "Here are the “below investment grade” bonds over $50 million in AGO’s Non-U.S. public finance business. Most of it is infrastructure bonds for hospitals, utilities, wind farms and highways, with a different risk profile than municipal bonds.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6eba2a4b-efa8-4e77-9888-4f1ad7dc1e71",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.74,
        "x": 0.13,
        "y": 0.6
      },
      "kind": "source-note",
      "text": "Source: AGO 2017 financial supplement available at http://assuredguaranty.com/investor-information/by-company/assured-guaranty-ltd; Greenlight calculations; Moody’s Investors Service; and S&P publications.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c5822476-7684-42a8-809e-df55c1f4894f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.72,
        "x": 0.14,
        "y": 0.17
      },
      "kind": "table",
      "text": "Issuer, Net Par, AGO Internal Rating, S&P, Moody's. Rows include Coventry & Rugby, Valencia Fair, Road Management Services, M6 Duna, Autovia de la Mancha, CountyRoute, Breeze Finance, Metropolitano de Porto.",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f835aff5-9f83-4645-bb50-1a9c2707a54c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.64,
        "x": 0.18,
        "y": 0.1
      },
      "kind": "title",
      "text": "Non-U.S. BIG exposure ratings",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "dcc79e74-2ed6-41ee-a89a-7251bd1680b3",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}