secwatch.observer — SEC 8-K summary
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Issuer:     MBIA INC (MBI)
CIK:        0000814585
Form:       8-K
Filed at:   2022-12-12T23:59:59+00:00
Accession:  0001193125-22-302726
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

National receives $177M bonds, $46M cash final distribution from Puerto Rico HTA plan
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- Final distribution: ~$177M bonds (face value) and $46M cash under HTA Plan of Adjustment effective Dec 6, 2022.
- Previously received $33M cash and $358M face of Contingent Value Instruments in July 2022.
- National accelerated all remaining HTA exposure and paid bondholders to fully retire the bonds.
- National paid MBIA a $72M annual dividend on November 17, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/814585/000119312522302726/0001193125-22-302726-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/814585/000119312522302726/d432063d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-302726

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