---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-007933"
form_type: "8-K"
ticker: "MBI"
cik: "0000814585"
company_name: "MBIA INC"
filed_at: "2022-01-13T23:59:59+00:00"
generated_at: "2026-06-27T18:27:25.961365+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# MBIA subsidiary National sells $231M PREPA bond claims, monetizing salvage asset at discount

## Summary
- National sold $231M face amount of PREPA bankruptcy bonds (~22% of current bond claims) in a private transaction.
- Bonds were fully satisfied by National's insurance claim payments; sale at discount to previous carrying value.
- Transaction reduces potential volatility and ongoing risk around the PREPA credit.
- Similar $199M sale occurred in October 2021; no material additional matured PREPA claims remain for sale.

## SEC filing metadata
- accession: 0001193125-22-007933
- form_type: 8-K
- ticker: MBI
- cik: 0000814585
- company_name: MBIA INC
- filed_at: 2022-01-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/814585/000119312522007933/0001193125-22-007933-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/814585/000119312522007933/d293260d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-007933
- JSON: https://secwatch.observer/filing/0001193125-22-007933.json
- Plain text: https://secwatch.observer/filing/0001193125-22-007933.txt

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