Print PDF

Sheppard Mullin Represents GoldenTree Asset Management in $392 Million Purchase of Syncora Guarantee


Today Syncora Holdings Ltd., a Bermuda-domiciled holding company, announced it has signed an agreement to sell Syncora Guarantee Inc., its wholly owned, New York financial guarantee insurance subsidiary, to Star Insurance Holdings LLC, a newly formed entity organized by GoldenTree Asset Management LP on behalf of GoldenTree’s managed funds and accounts, for $392.5 million.

Sheppard Mullin, led by New York partner Lawrence A. Larose and San Francisco partner Todd Padnos, and co-counsel Sidley Austin represented GoldenTree in the transaction. Goldin Associates LLC served as financial advisor to GoldenTree. 

Click here to read the press release. 


Jump to Page

By scrolling this page, clicking a link or continuing to browse our website, you consent to our use of cookies as described in our Cookie and Advertising Policy. If you do not wish to accept cookies from our website, or would like to stop cookies being stored on your device in the future, you can find out more and adjust your preferences here.