The negotiation period for Syncora Holdings Ltd. and its subsidiaries to reach agreements with counterparties on credit default swaps and other financial guarantee contracts has expired, the company said in a filing with the Securities and Exchange Commission Monday night.

Syncora and the counterparties agreed Oct. 30 to extend the negotiation period, including a forbearance agreement, to Oct. 31 from Oct. 15. Syncora says it will continue negotiating with counterparties, although it cannot guarantee another extension or an agreement.

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