Syncora Holdings Ltd. (fka SYCRF)

[rockraider3]

On American Roads.... and as an aside, I have long said that we needed to come to terms with Mcquarie first, before we sell. So that will be interesting to see play out.

In this regard, we are cognizant that market conditions are currently very good for infrastructure assets such as toll roads. Accordingly, we are working to enhance the value of American roads, a non-core asset while evaluating strategic options for the platform. In contrast to some of the other toll road platforms in the market recently which consisted of one major road, American roads consist of five smaller geographically dispersed toll road assets.

We have engaged a financial advisor to help with our review of strategic options with respect to this platform.