National Public Finance Guarantee
National guarantees transactions that fund providers of essential services or infrastructure; non-profit entities engaged in educational, cultural, medical, research or charitable activities; and public/private partnerships providing essential services with economic benefits to government, taxpayers, ratepayers, or the general public. The insurance that National provides is an unconditional and irrevocable guarantee of the payment of principal and interest on insured obligations when due.
National guarantees bonds in the following sectors:
National facilitates growth and development in communities by insuring bonds that expand essential services secured by taxes. Tax-Backed bond issues include GOs, Leases, COP's, Pension Obligations, Sales & Excise Tax, Special Assessments and Tax Allocation bonds.
National insures bonds for speciality sectors including healthcare institutions, public and private universities and non-profit entities, state housing agencies and military housing privatizations. National helps these clients keep their costs low and provides better access to the capital markets.
Transportation & Infrastructure
National provides financial guarantee insurance for transportation projects including toll roads, airports, bridges and other major infrastructure projects including Private Finance Initiative (PFI) and Public Private Partnership (PPP) transactions. Securing these essential service projects strengthens communities enabling them to grow and prosper.
National provides credit enhancement for municipal and investor owned utilities engaged in the generation, transmission and distribution of electricity or the distribution of natural gas as well as non-energy services such as water and sewer systems. These entities provide vital services for every community. We have experience with all types of electric generation including coal, nuclear, gas, hydro-electric power or other renewables in addition to desalination technologies.