Monoline insurer snaps up multi-million pound Ambac hospital deal

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Troubled monolines insurer Ambac has lost a £100m hospital guarantee bonds contract to Assured Guaranty and its rival vows to replace it on more infrastructure projects this year.

As part of the new deal, the company will provide a private finance initiative bond issued by Worcestershire Hospital to finance the construction and operation of Worcestershire Royal Hospital.

The

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