Send us Feedback

MBIA (MBI)
Analysis
SUMMARY
BULLS
BEARS
TOPICS
Data
DATA CENTRAL
STOCK CHART
Financials
SEC FILINGS
BALANCE
INCOME
CASH FLOW

MBI » Topics » MBIAs Capital Strengthening

These excerpts taken from the MBI 10-K filed Mar 2, 2009.

MBIA’s Capital Strengthening

 

  •  

Raised over $2.6 billion in new capital through the issuance of common stock and surplus notes.

 

  •  

Retired $127 million par value of corporate debt and $47 million of surplus notes.

 

  •  

Elimination of MBIA Inc. dividend provided an additional $174 million of capital flexibility.

 

  •  

Raised $400 million through the issuance of preferred stock and repurchased $125 million par value at a substantial economic gain.

 

49

Table of Contents

Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations (Continued)

 

MBIA’s Capital Strengthening

 

  •  

Raised over $2.6 billion in new capital through the issuance of common stock and surplus notes.

 

  •  

Retired $127 million par value of corporate debt and $47 million of surplus notes.

 

  •  

Elimination of MBIA Inc. dividend provided an additional $174 million of capital flexibility.

 

  •  

Raised $400 million through the issuance of preferred stock and repurchased $125 million par value at a substantial economic gain.

 

49

Table of Contents

Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations (Continued)

 

MBIA’s Capital Strengthening

 

  •  

Raised over $2.6 billion in new capital through the issuance of common stock and surplus notes.

 

  •  

Retired $127 million par value of corporate debt and $47 million of surplus notes.

 

  •  

Elimination of MBIA Inc. dividend provided an additional $174 million of capital flexibility.

 

  •  

Raised $400 million through the issuance of preferred stock and repurchased $125 million par value at a substantial economic gain.

 

49

Table of Contents

Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations (Continued)

 

MBIA’s Capital Strengthening

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







 • 

Raised over $2.6 billion in new capital through the issuance of common stock and surplus notes.

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







 • 

Retired $127 million par value of corporate debt and $47 million of surplus notes.

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







 • 

Elimination of MBIA Inc. dividend provided an additional $174 million of capital flexibility.

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







 • 

Raised $400 million through the issuance of preferred stock and repurchased $125 million par value at a substantial economic gain.

STYLE="margin-top:0px;margin-bottom:0px"> 


49






Table of Contents


Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations (Continued)

 

MBIA’s Capital Strengthening

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







 • 

Raised over $2.6 billion in new capital through the issuance of common stock and surplus notes.

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







 • 

Retired $127 million par value of corporate debt and $47 million of surplus notes.

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







 • 

Elimination of MBIA Inc. dividend provided an additional $174 million of capital flexibility.

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







 • 

Raised $400 million through the issuance of preferred stock and repurchased $125 million par value at a substantial economic gain.

STYLE="margin-top:0px;margin-bottom:0px"> 


49






Table of Contents


Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations (Continued)

 

MBIA’s Capital Strengthening

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







 • 

Raised over $2.6 billion in new capital through the issuance of common stock and surplus notes.

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







 • 

Retired $127 million par value of corporate debt and $47 million of surplus notes.

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







 • 

Elimination of MBIA Inc. dividend provided an additional $174 million of capital flexibility.

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







 • 

Raised $400 million through the issuance of preferred stock and repurchased $125 million par value at a substantial economic gain.

STYLE="margin-top:0px;margin-bottom:0px"> 


49






Table of Contents


Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations (Continued)

 

MBIA’s Capital Strengthening

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







 • 

Raised over $2.6 billion in new capital through the issuance of common stock and surplus notes.

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







 • 

Retired $127 million par value of corporate debt and $47 million of surplus notes.

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







 • 

Elimination of MBIA Inc. dividend provided an additional $174 million of capital flexibility.

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







 • 

Raised $400 million through the issuance of preferred stock and repurchased $125 million par value at a substantial economic gain.

STYLE="margin-top:0px;margin-bottom:0px"> 


49






Table of Contents


Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations (Continued)

 

EXCERPTS ON THIS PAGE:

10-K (7 sections)
Mar 2, 2009

RELATED TOPICS for MBI:

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki