MBIA (MBI) Updates on Letter of Default from Blue Ridge in Notes Tender

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BofA (BAC) Completes MBIA (MBI) Notes Tender; Blue Ridge Issues Notice of Default

December 13, 2012 5:05 PM EST

Bank of America Corp. (NYSE: BAC) has completed its previously announced offer to purchase for cash (the Tender Offer) any and all of the outstanding 5.70% Senior Notes due 2034 (the Notes) which were issued by MBIA Inc., a Connecticut corporation (NYSE: MBI), under an... More