New License in Hand, Radian Takes Its Double-A to California

Smith, Aaron T.
July 2003
Bond Buyer;7/07/2003, Vol. 345 Issue 31671, p1
Trade Publication
Reports on possible plans of California-based financial guarantor Radian Asset Assurance Inc. to capitalize on an underserved niche in bond market. Possible plans of the state to issue multi-billion dollar in deficit bonds to help balance a fiscal 2004 budget; Acquisition of a license by Radian Asset Assurance from the state to insure bonds in California; Ratings earned by the company from various ratings agencies.


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