TITLE

Ambac, MBIA Don't Expect US Airways Exposure to Lead to Losses

AUTHOR(S)
Smith, Aaron T.
PUB. DATE
August 2002
SOURCE
Bond Buyer;8/20/2002, Vol. 341 Issue 31453, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports the decision to file for Chapter 11 bankruptcy protection with the exposure to U.S. Airways by Ambac Financial Group Inc. Estimation of net exposure to the beleaguered airline; Existence of 18 to 24 months of liquidity support for bond issuers with the sale and release of aircraft; Comparison on the different rate from trading sessions.
ACCESSION #
7262742

 

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