London, 10 July 2013 -- Moody's has assigned an A2 rating to the GBP102 million guaranteed secured bonds (the "Bonds") issued by Sustainable Communities for Leeds (Finance) plc, the funding vehicle for a social housing project based in Leeds, England ("the Project"). The Bonds benefit from a guarantee (the "Guarantee") provided by Assured Guaranty Municipal Corp. and Assured Guaranty (Europe) Ltd. (each A2 stable) and the assigned rating for the Bonds reflects that of the guarantors. Moody's has also assigned a Baa3 underlying rating to the Bonds on the basis of the stand alone credit strength of the Project. The outlook on all ratings is stable.
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