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The two active municipal bond insurers wrapped $8.176 billion in the first quarter of 2022, a 3.25% decrease from the $8.442 billion of deals done in the first three months of 2021.
April 20 -
The underwriters filed a defense to the court earlier this month and analysts are skeptical of MBIA’s chances of prevailing.
April 12 -
Assured Guaranty Municipal Corp. and Assured Guaranty Corp. both resolved their exposure to its insured Puerto Rico debts leading to the upgrade to A1.
March 22 -
The two active municipal bond insurers wrapped $38.7 billion in 2021, an 8.7% increase from the $35.6 billion of deals done in 2020 and the highest level since 2009.
February 2 -
Swain's order affects $1.9 billion of PRIFA bonds and $384 million of CCDA bonds, for which insurers and bondholders will receive minimum recoveries of 14% and 29% of par, respectively.
January 21 -
Morgan Fahy has joined BAM’s capital markets team from Citigroup.
September 21 -
Municipal bond insurers are seeing the most business since the global financial crisis of 2008 crushed the sector.
August 23 -
Bond insurance grew to 8.4% of total market par covered in the first half of 2021.
July 22 -
Weill was involved in the municipal bond insurance industry from its inception in the late 1960s, as well as the original entrepreneurial group that created MBIA and its predecessors.
July 16 -
Officials from the Westchester County city and ACA Financial Guaranty disagree over who is on the hook for revenue bonds that aren't generating enough revenue.
July 12