National Public Finance Guarantee Corporation Issues Statement on Puerto Rico Oversight Board Decision to Not Approve PREPA RSA

PURCHASE, N.Y.–(BUSINESS WIRE)–National Public Finance Guarantee Corporation (National), an indirect subsidiary of MBIA Inc. (NYSE:MBI), today issued the following statement in response to the announcement by the Financial Oversight and Management Board for Puerto Rico (the “Oversight Board”) that it did not approve the proposed Puerto Rico Electric Power Authority (“PREPA”) Restructuring Support Agreement (“RSA”), which was the only pre-existing consensual agreement included in the Puerto Ri
Source: BusinessWire-Primary

National Public Finance Guarantee Corporation Issues Statement on Puerto Rico Oversight Board Decision to Not Approve PREPA RSA