BUZZ-MBIA Inc: BTIG downgrades on exposure to Puerto Rico debt

lunes 30 de junio de 2014 09:24 GYT

** Bond insurer's shares down 4 percent at $11 premarket

** BTIG LLC analysts downgrade stock to "neutral" from "buy"

** Cite uncertainty regarding impact of restructuring of debt of Puerto Rico Electric Power Authority (PREPA)

** "MBI has $1.531 billion of insured exposure to PREPA's debt as of March 31," analysts said in a note to investors