National Public Finance Guarantee Corporation Files Adversary Complaint to Compel PREPA to Deposit Pledged Special Revenues with Bond Trustee

PURCHASE, N.Y.–(BUSINESS WIRE)–National Public Finance Guarantee Corporation (“National”), an indirect subsidiary of MBIA Inc. (NYSE:MBI), said today that National and other creditors (“the Creditor Group”) have filed an Adversary Complaint in the U.S. District Court for the District of Puerto Rico seeking to compel the Puerto Rico Electric Power Authority (“PREPA”) to deposit revenues with the bond Trustee as required by the terms of the PREPA Trust Agreement, PROMESA and the U.S. Constituti