New York, November 18, 2014 -- MBIA and Assured Guaranty will be able to absorb possible losses on the electric authority, PREPA, bonds they insure without significant pressure on their credit profiles, however more systemic defaults by Puerto Rico would exert meaningful negative pressure. This is according to a new report from Moody's Investors Service, "FAQs: Assured and MBIA Exposures to Puerto Rico Are Manageable in Localized Default Scenarios."
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