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Bank of America sues MBIA, claiming tender offer interference

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Published: Friday, 14 Dec 2012 | 9:08 AM ET

Dec 14 (Reuters) - Bank of America Corp has sued bond insurer MBIA Inc in a New York state court for allegedly interfering with a tender offer to buy MBIA's bonds.

On Thursday Bank of America said it had purchased around 40 percent of a senior note in that tender and issued a default notice over an attempt to change the debt's terms.

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Dec 14- Bank of America Corp has sued bond insurer MBIA Inc in a New York state court for allegedly interfering with a tender offer to buy MBIA's bonds.

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