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MBIA Insurance Corporation -- Moody's affirms ratings of MBIA Insurance Corporation (IFS at Caa1); outlook remains developing
Posted on Wednesday December 12, 2018
Moody's Investors Service ("Moody's") has affirmed the Caa1 insurance financial strength (IFS) rating of MBIA Insurance Corporation (MBIA Corp.). In the same rating action, Moody's also affirmed the ratings of MBIA Corp.'s surplus notes at Ca(hyb) and its preferred stock at C(hyb). This rating action has no implications for the senior debt rating of MBIA Inc. (MBIA, Ba3 stable) or the IFS ratings of National Public Finance Guarantee Corporation (National, Baa2 stable) and MBIA Mexico, S.A. de C.V. (MBIA Mexico, Caa1/B3.mx developing).
See what the IHS Markit Score report has to say about MBIA Inc.
Posted on Saturday December 08, 2018
MBIA Inc NYSE:MBI
Salt Verde Financial Corporation, AZ -- Moody's downgrades to Ba3 Salt Verde Financial Corporation, AZ Subordinate Gas Revenue Bonds, Series 2007.
Posted on Thursday December 06, 2018
Moody's Investors Service has downgraded to Ba3 from Ba1 the long-term rating of Salt Verde Financial Corporation, AZ Subordinate Gas Revenue Bonds, Series 2007 (the Bonds). The downgrade is due to the downgrade to Ba3 of MBIA Inc. senior unsecured rating on January 17, 2018.
Diane L. Dewbrey Elected to MBIA Inc.'s Board of Directors
Posted on Tuesday November 13, 2018
MBIA Inc. (MBI) (the Company) today announced that on this day, Tuesday, November 13, 2018, Ms. Diane L. Dewbrey (54) was elected to the Company’s Board of Directors, where she will also serve as a member of the Audit, Finance and Risk, and Compensation and Governance Committees. For five years, until its merger with Consolidated Communications in 2014, Ms. Dewbrey served as an Independent Director and then Chair (2013-14) of the Board of Enventis, Inc. “We are very pleased that Diane has accepted our invitation to join the MBIA Board,” said Charles Rinehart, Chairman of the MBIA Inc. Board of Directors.