Ambac, MBIA Arrange 'Innovative' Capital Funds for Contingencies

Smith, Aaron T.
April 2002
Bond Buyer;4/1/2002, Vol. 339 Issue 31355, p5
Trade Publication
Details the banking agreements between Ambac Assurance Corp. and MBIA Insurance Corp. in the U.S. Availability of additional contingent funds in catastrophic events; Advantage gained by both parties; Ratings provided by Moody's Investors Services to the securities issued by trusts.


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