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Ambac bankruptcy highlights infrastructure exposure

15 November 2010

Read more: [Ambac] [infrastructure] [British Columbia] [Depfa] [bankruptcy]

Ambac's decision to file for chapter 11 bankruptcy protection has refocused lender attention of the multiple weaknesses of monoline-wrapped infrastructure concessions. The filing, for the Ambac corporate parent Ambac Financial Group, does not immediately affect Ambac Assurance Corp, which is in the hands of the Wisconsin Insurance Commissioner. The commissioner has...

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