---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-110108"
form_type: "8-K"
ticker: "MBI"
cik: "0000814585"
company_name: "MBIA INC"
filed_at: "2025-08-19T23:59:59+00:00"
generated_at: "2026-05-17T11:41:58.650847+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# MBIA subsidiary sells $374 million PREPA bankruptcy claims via Custodial Receipts

## Summary
- National sold Custodial Receipts representing ~$374 million face amount of bankruptcy claims in the PREPA Title III case.
- The CRs represent approximately 47% of National's current bond claims in the PREPA case.
- The underlying bonds had been fully satisfied by National's insurance claim payments.
- This transaction reduces potential volatility and ongoing risk of remediation around remaining PREPA exposure.
- National retains no additional CRs for sale after completing this transaction.

## SEC filing metadata
- accession: 0000950170-25-110108
- form_type: 8-K
- ticker: MBI
- cik: 0000814585
- company_name: MBIA INC
- filed_at: 2025-08-19T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/814585/000095017025110108/0000950170-25-110108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/814585/000095017025110108/mbi-20250819.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-110108
- JSON: https://secwatch.observer/filing/0000950170-25-110108.json
- Plain text: https://secwatch.observer/filing/0000950170-25-110108.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.