TITLE

Connie Lee gets AAA rating from Fitch

AUTHOR(S)
Tunick, Britt
PUB. DATE
January 1998
SOURCE
Bond Buyer;01/09/98, Vol. 323 Issue 30307, p31
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on Fitch IBCA Inc.'s issuance of an AAA rating to Connie Lee Insurance Co.'s claims-paying ability following its sale to Ambac Assurance Corp. Privatization of Connie Lee which was created in 1987 by an act of the US Congress; Doubts about Connie Lee's ability to survive as an independent concern in the bond insurance market; Ambac's agreement to any losses incurred by Connie Lee.
ACCESSION #
102004

 

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