EX-21 3 mbi-ex21.htm EX-21

Exhibit 21

SUBSIDIARIES OF MBIA INC.

Name of Subsidiary |  | State/Country of Incorporation
MBIA Capital Corp. |  | Delaware
MBIA Global Funding, LLC |  | Delaware
MBIA Insurance Corporation |  | New York
MBIA Mexico, S.A. de C.V. |  | Mexico
MBIA Services Corporation |  | Delaware
National Public Finance Guarantee Holdings, Inc. |  | Delaware
National Public Finance Guarantee Corporation |  | New York
New Phoenix II, LLC |  | Delaware
Phoenix II Intermediate, LLC |  | Delaware
Phoenix II Recovery, LLC |  | Delaware
Promotora de Infraestructura Registral II, S.A. de C.V., SOFOM, E.R. |  | Mexico