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PREPA reportedly reaches deal to cover debt payment

Jul. 01, 2015 8:36 AM ETMBIA Inc. (MBI) StockMBI, AGO, AMBCBy: Stephen Alpher, SA News Editor4 Comments
  • According to CNBC, the Puerto Rico utility company will be able to makes its $416M debt payment due today.
  • This follows yesterday's news that the Commonwealth would be making its July 1 coupon payment of $645.2M on its GO debt.
  • MBIA (NYSE:MBI+4.2% premarket. No trades for Assured Guaranty (NYSE:AGO) or Ambac (NASDAQ:AMBC).

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