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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): March 27, 1998
AMBAC FINANCIAL GROUP, INC.
(Exact name of Registrant as specified in its charter)
Delaware 1-10777 13-3621676
(State of incorporation) (Commission file number) (I.R.S. employer
identification no.)
One State Street Plaza
New York, New York 10004
(Address of principal executive offices) (Zip Code)
(212) 668-0340
(Registrant's telephone number, including area code)
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Index to Exhibits on Page 4
ITEM 5. OTHER EVENTS
On March 27, 1998, financial statements for Ambac Assurance Corporation,
the Registrant's wholly-owned subsidiary, for the year ended December 31, 1997
became available.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits.
Exhibit Number Item
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99.06 Ambac Assurance Corporation consolidated
financial statements as of December 31, 1997 and
1996 and for the three years ended December 31,
1997.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Ambac Financial Group, Inc.
(Registrant)
Dated: March 27, 1998 By: /s/ Richard B. Gross
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Richard B. Gross
Senior Vice President,
General Counsel and Secretary
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INDEX TO EXHIBITS
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Exhibit
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Number DESCRIPTION OF EXHIBIT
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99.06 Ambac Assurance Corporation consolidated financial statements as of
December 31, 1997 and 1996 and for the three years ended December 31,
1997.
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