---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-225019"
form_type: "8-K"
ticker: "MBI"
cik: "0000814585"
company_name: "MBIA INC"
filed_at: "2023-08-30T23:59:59+00:00"
generated_at: "2026-06-11T02:09:52.286109+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# MBIA's National enters Amended PREPA PSA; cash, contingent instruments, subject to court approval

## Summary
- On Aug 25, National entered First Amendment to PREPA Plan Support Agreement (Amended PSA) with FOMB.
- FOMB filed Third Amended Title III Plan of Adjustment incorporating Amended PSA terms.
- National to receive cash, fees, expense reimbursement, plus two types of contingent value instruments (value uncertain).
- Amount depends on participation of certain non-accepting holders of uninsured PREPA bonds.
- Amended PSA subject to Title III Court approval and confirmation of Third Amended Plan.

## SEC filing metadata
- accession: 0001193125-23-225019
- form_type: 8-K
- ticker: MBI
- cik: 0000814585
- company_name: MBIA INC
- filed_at: 2023-08-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/814585/000119312523225019/0001193125-23-225019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/814585/000119312523225019/d521554d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-225019
- JSON: https://secwatch.observer/filing/0001193125-23-225019.json
- Plain text: https://secwatch.observer/filing/0001193125-23-225019.txt

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