<SEC-DOCUMENT>0000902664-16-006719-index.html : 20160414
<SEC-HEADER>0000902664-16-006719.hdr.sgml : 20160414
<ACCEPTANCE-DATETIME>20160413183444
ACCESSION NUMBER:		0000902664-16-006719
CONFORMED SUBMISSION TYPE:	DFAN14A
PUBLIC DOCUMENT COUNT:		30
FILED AS OF DATE:		20160414
DATE AS OF CHANGE:		20160413
EFFECTIVENESS DATE:		20160414

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMBAC FINANCIAL GROUP INC
		CENTRAL INDEX KEY:			0000874501
		STANDARD INDUSTRIAL CLASSIFICATION:	SURETY INSURANCE [6351]
		IRS NUMBER:				133621676
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DFAN14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-10777
		FILM NUMBER:		161570138

	BUSINESS ADDRESS:	
		STREET 1:		ONE STATE ST PLZ
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10004
		BUSINESS PHONE:		2126680340

	MAIL ADDRESS:	
		STREET 1:		ONE STATE ST PLZ
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10004

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMBAC INC /DE/
		DATE OF NAME CHANGE:	19930328

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CANYON CAPITAL ADVISORS LLC
		CENTRAL INDEX KEY:			0001074034
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		DFAN14A

	BUSINESS ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 11TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		3102721000

	MAIL ADDRESS:	
		STREET 1:		2000 AVENUE OF THE STARS, 11TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
</SEC-HEADER>
<DOCUMENT>
<TYPE>DFAN14A
<SEQUENCE>1
<FILENAME>p16-1077dfan14a.htm
<DESCRIPTION>AMBAC FINANCIAL GROUP, INC.
<TEXT>
Document 1 - file: p16-1077dfan14a.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>p16-1077exhibit_1.htm
<DESCRIPTION>EXHIBIT 1
<TEXT>
Document 2 - file: p16-1077exhibit_1.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>exhibit1_page01.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 3 - file: exhibit1_page01.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>exhibit1_page02.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 4 - file: exhibit1_page02.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>exhibit1_page03.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 5 - file: exhibit1_page03.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>exhibit1_page04.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 6 - file: exhibit1_page04.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>exhibit1_page05.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 7 - file: exhibit1_page05.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>exhibit1_page06.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 8 - file: exhibit1_page06.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>exhibit1_page07.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 9 - file: exhibit1_page07.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>exhibit1_page08.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 10 - file: exhibit1_page08.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>11
<FILENAME>exhibit1_page09.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 11 - file: exhibit1_page09.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>12
<FILENAME>exhibit1_page10.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 12 - file: exhibit1_page10.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>13
<FILENAME>exhibit1_page11.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 13 - file: exhibit1_page11.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>14
<FILENAME>exhibit1_page12.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 14 - file: exhibit1_page12.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>15
<FILENAME>exhibit1_page13.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 15 - file: exhibit1_page13.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>16
<FILENAME>exhibit1_page14.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 16 - file: exhibit1_page14.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>17
<FILENAME>exhibit1_page15.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 17 - file: exhibit1_page15.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>18
<FILENAME>exhibit1_page16.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 18 - file: exhibit1_page16.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>19
<FILENAME>exhibit1_page17.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 19 - file: exhibit1_page17.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>20
<FILENAME>exhibit1_page18.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 20 - file: exhibit1_page18.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>21
<FILENAME>exhibit1_page19.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 21 - file: exhibit1_page19.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>22
<FILENAME>exhibit1_page20.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 22 - file: exhibit1_page20.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>23
<FILENAME>exhibit1_page21.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 23 - file: exhibit1_page21.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>24
<FILENAME>exhibit1_page22.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 24 - file: exhibit1_page22.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>25
<FILENAME>exhibit1_page23.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 25 - file: exhibit1_page23.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>26
<FILENAME>exhibit1_page24.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 26 - file: exhibit1_page24.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>27
<FILENAME>exhibit1_page25.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 27 - file: exhibit1_page25.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>28
<FILENAME>exhibit1_page26.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 28 - file: exhibit1_page26.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>29
<FILENAME>exhibit1_page27.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 29 - file: exhibit1_page27.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>30
<FILENAME>exhibit_1.pdf
<DESCRIPTION>PDF OF EXHIBIT 1
<TEXT>
Document 30 - file: exhibit_1.pdf

</DOCUMENT>
</SEC-DOCUMENT>