MBIA closes $1.1 billion share offer
NEW YORK |
NEW YORK (Reuters) - MBIA Inc (MBI.N) said on Wednesday it closed the sale of $1.1 billion of shares, or $100,000 more than previously announced, after underwriters exercised their right to sell more shares.
MBIA said it sold 236.2 million shares at $12.15 apiece.
(Reporting by Dan Wilchins, editing by Richard Chang)
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