TITLE

MBIA Closes $350 Million Note Sale As Reinsurance Deal Probe Continues

AUTHOR(S)
Chang, Helen
PUB. DATE
November 2004
SOURCE
Bond Buyer;11/29/2004, Vol. 350 Issue 32018, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the closure of the sale of MBIA Inc.'s senior notes in the U.S. Receipt of subpoenas by MBIA from the Securities and Exchange Commission and New York Attorney General Eliot Spitzer's office; Inclusion of the subpoenas in the industry wide investigation of non-traditional reinsurance products; Increase of the company's unallocated case loss reserve.
ACCESSION #
15220589

 

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