Financial Security Assurance Inc. yesterday announced a $500 million capital infusion from its parent it will use to add capacity and write new business, positioning it to take advantage of its unblemished balance sheet in today's current market.

The additional funds will be provided by Dexia SA, and will be injected into Financial Security Assurance Holdings Ltd. to increase FSA's qualified statutory capital by 18.5% to $3.2 billion, and bring claims-paying resources to $7.2 billion, the company said in a release.

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