▁provided ▁F SA ▁with ▁a ▁credit ▁line ▁of ▁ 5 ▁billion ▁eu ros ▁with ▁an ▁initial ▁term ▁of ▁ 5 ▁years ▁but ▁renew able ▁" as ▁needed ." ▁ ▁F SA ▁posted ▁for ▁the ▁first ▁quarter ▁of ▁ 2 0 0 8 ▁a ▁$ 4 2 1 . 6 ▁million ▁net ▁loss . ▁This ▁was ▁due ▁to ▁imp air ment ▁losses ▁recorded ▁on ▁credit ▁default ▁sw aps ▁and ▁losses ▁on ▁its ▁port folio ▁of ▁US ▁mort g age ▁b onds . ▁ ▁On ▁ 2 1 ▁July ▁ 2 0 0 8 , ▁Mo ody ' s ▁placed ▁F SA ' s ▁A aa ▁credit ▁rating ▁on ▁review ▁for ▁possible ▁down grade . ▁On ▁ 7 ▁August ▁ 2 0 0 8 , ▁D ex ia ▁announced ▁that ▁F SA ▁would ▁exit ▁the ▁activity ▁of ▁A BS ▁and ▁dev ote ▁its ▁resources ▁to ▁public ▁sector ▁fin ance . ▁ ▁On ▁ 1 ▁July ▁ 2 0 0 9 , ▁the ▁F SA ▁group , ▁ex cluding ▁its ▁struct ured ▁fin ance ▁li abilities , ▁was ▁sold ▁to ▁Ass ured ▁Gu ar ant y ▁Corporation . ▁Ass ured ▁Gu ar ant y ▁changed ▁F SA ' s ▁name ▁to ▁Ass ured ▁Gu ar ant y ▁Municipal ▁Cor p . ▁in ▁July ▁ 2 0 0 9 . ▁ ▁References ▁ ▁External ▁links ▁ ▁Site ▁du ▁re haus se ur ▁de ▁credit ▁F SA ▁ ▁Site ▁de ▁D ex ia ▁ ▁Category : Sub prime ▁mort g age ▁crisis <0x0A> </s> ▁Sh ery l ▁Lyn