Ambac Financial Group, Inc. Provides Additional Disclosures on Its Web Site Related to Collateralized Debt Obligations of Asset-
10 Agosto 2007 - 2:00PM
Business Wire
Ambac Financial Group, Inc. (NYSE: ABK) (Ambac) today announced
that it has provided additional information on its web site
(www.ambac.com) regarding its exposure to Collateralized Debt
Obligations of Asset-backed Securities (�CDOs of ABS�), including
additional details of each transaction�s underlying collateral
composition, underlying collateral ratings, and overall transaction
ratings. In its July 25th conference call with investors, Ambac
provided commentary and analysis with respect to its exposure to
CDOs of ABS and its underwriting standards. A replay of the
telephone conference call is available on Ambac�s web site until
approximately 5:00 p.m. on August 17. The replay numbers are
877-660-6853 (domestic) and 201-612-7415 (international). The
account and confirmation numbers for the replay are 286 and 225610,
respectively. Ambac Financial Group, Inc., headquartered in New
York City, is a holding company whose affiliates provide financial
guarantees and financial services to clients in both the public and
private sectors around the world. Ambac�s principal operating
subsidiary, Ambac Assurance Corporation, a leading guarantor of
public finance and structured finance obligations, has earned
triple-A ratings, the highest ratings available from Moody�s
Investors Service, Inc., Standard & Poor�s Ratings Services and
Fitch, Inc. Ambac Financial Group, Inc. common stock is listed on
the New York Stock Exchange (ticker symbol ABK).
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