Ambac's ratings stable despite greater exposure from Connie Lee acquisition

Richtmyer, Richard
October 1997
Bond Buyer;10/24/97, Vol. 322 Issue 30259, p3
Trade Publication
Discusses the impact of Ambac Assurance Corp.'s stated intention to buy Connie Lee Insurance Co. on the bond market in the United States. Standard & Poor's affirmation of Connie Lee's AAA rating; Moody's Investors Service and Fitch Investors Service's issuance of releases saying that the acquisition should not affect Ambac's triple-A claims-paying ability rating.


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