Former President Donald Trump and his co-defendants have secured a $175 million bond in their New York civil fraud case, according to a court filing.
Trump secured the bond through Knight Specialty Insurance Company.
“As promised, President Trump has posted bond,” his attorney Alina Habba said in a statement Monday evening. “He looks forward to vindicating his rights on appeal and overturning this unjust verdict.”
An official with the New York attorney general’s office declined to comment to ABC News.
Last week, a panel of judges from New York’s Appellate Division granted the former president, his adult sons, and two former Trump Organization executives a 10-day stay of the $464 million judgment in their civil fraud case and permitted them to post a reduced bond of $175 million.
Trump’s lawyers had argued that the former president lacked the cash to secure a bond for the full judgment after being rejected by more than 30 bond companies.
Without intervention from an appeals court, defense lawyers argued that Trump would suffer irreparable harm by having to sell off his namesake properties before he exhausted his appeal of the fraud ruling.
Former President Donald Trump speaks at a campaign rally in Rome, Ga., March 9, 2024.
Mike Stewart/AP, FILE
In February, following