common stock
Ambac Plans to Sell Stock To Defend Its AAA Rating
Read the full article: http://online.wsj.com/article/SB120474148795614047.html
By ANDREW DOWELL
March 5, 2008 1:53 p.m.
NEW YORK -- Ambac Financial Group Inc., the battered No. 2 U.S. bond insurer, said Wednesday it will try to raise $1.5 billion in fresh capital to defend the key AAA rating at subsidiary Ambac Assurance.
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