Thursday, July 26, 2007

MBIA says likely to sell hybrid bond

(Reuters) - Rival bond insurer Ambac Financial sold a $400
million 30-year hybrid bond in February.




While MBIA has "no specific plans at the moment" for such a
sale, the company did include hybrids in its shelf registration
with the U.S. Securities and Exchange Commission, "so we would
be able to have access to the market in pretty quick time,"
Chaplin said.


Read more at Reuters.com Bonds News

No comments: