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Ambac Announces Offices Closed September 12.


Business Editors

NEW YORK--(BUSINESS WIRE)--Sept. 12, 2001

Ambac Financial Group Ambac Financial Group (NYSE: ABK) is an American Insurer of bonds, including municipal bonds.

Ambac Financial Group, Inc. (NYSE: ABK) is a holding company whose subsidiaries provide financial guarantee products and other financial services to clients in both
, Inc. (Ambac) (NYSE NYSE

See: New York Stock Exchange
:ABK) announced that its offices will be closed on September 12, 2001. Ambac intends to open on September 13, 2001, conditions permitting.

Ambac Financial Group, Inc., headquartered in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 is a holding company whose affiliates provide financial guarantees and financial services to clients around the world. Ambac Assurance Corporation Ambac Assurance Corporation

A subsidiary of publicly traded Ambac Financial Group that provides financial guarantees for municipal borrowers and for asset-backed and structured issues.
, the principal operating subsidiary, has been assigned Triple-A ratings, the highest ratings available from Moody's Investors Services, Inc. Standard and Poor's Ratings Services, Fitch, Inc. and Ratings and Investment Information, Inc. Ambac is listed on the NYSE (ABK).
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 12, 2001
Words:104
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