Rating Agency Reports

1/17/18

Moody's downgrades MBIA Inc. and National Public Finance Guarantee Corp. (IFS to Baa2); MBIA Insurance Corp. affirmed at Caa1

12/5/17

KBRA Downgrades and Withdraws the Rating on National Public Finance Guarantee

12/1/17

MBIA Inc. And Subsidiaries Ratings Affirmed, Then Withdrawn At Issuer Request

7/5/17

Kroll Bond Rating Agency Affirms AA+, Stable Outlook, for National Public Finance Guarantee

6/26/17

National, MBIA Inc. Downgraded; BAM, Assured, MBIA Corp. Affirmed; All Outlooks Stable

6/13/17

Kroll Bond Rating Agency: Rating Risk and the Financial Guarantors: Déjà Vu All Over Again

6/6/17

BAM, MBIA, National Ratings Placed On CreditWatch Negative On Review Of Bond Insurers' Competitive Positions

4/28/17

Kroll Bond Rating Agency Affirmed AA+, Outlook Stable, to National Public Finance Guarantee Corporation

4/3/17

S&P - Bond Insurers' Exposure to Puerto Rico Issuers Does Not Affect Credit Ratings

7/27/16

S&P Report – National Public Finance Guarantee Corp.

6/15/16

S&P - U.S. Bond Insurers' Capital Adequacy is Likely Sufficient to Handle Potential Losses Related to Their Puerto Rico Insured Exposure

5/25/16

Moody's Credit Opinion: National Public Finance Guarantee Corp. Update Following Rating Affirmation at A3

5/20/16

Moody's Affirms A3 IFS Rating of National Public Finance Guarantee Corporation

4/26/16

Kroll Bond Rating Agency Affirmed AA+, Outlook Stable, to National Public Finance Guarantee Corporation

1/11/16

Moody's Comment on PREPA Restructuring Agreement is Credit Positive

6/29/15

S&P Report - National Public Finance Guarantee Corp.

5/29/15

Moody's Credit Opinion: National Public Finance Guarantee Corporation

5/28/15

Kroll Bond Rating Agency Affirmed AA+ Rating, Stable Outlook to National Public Finance Guarantee Corporation

5/26/15

Moody's Affirms A3 IFS Rating of National Public Finance Guarantee Corporation

7/14/14

Credit FAQ: Bond Insurers and the Recent Downgrades of Puerto Rico’s Public Corporations

6/26/14

Bond Insurers Play Key Role in Municipal Workouts

3/19/14

S&P - U.S. Bond Insurers and the Financial Guarantee Sector Stand at a Crossroads

These reports are provided as a courtesy and do not necessarily reflect the opinion of National Public Finance Guarantee Corporation. The listed reports do not include all the rating agency reports relating to our business published between the indicated dates. National Public Finance Guarantee Corporation undertakes no obligation to post updates. Further questions or requests for additional reports should be directed to Moody’s , S&P or Kroll .