CORRECTED-TEXT-S&P cuts some MBIA Insurance surplus notes to 'C'

(Corrects headline to reflect notes downgraded, not company) (The following statement was released by the rating agency) Jan 15 - Standard & Poor's Ratings Services said today that it lowered its rating on MBIA Insurance Corp.'s 14% fixed-to-floating rate surplus notes due 2033 to 'C' from 'CCC'. The downgrade of the surplus notes is a result of nonpayment of interest due on Jan. 15, 2013. The New York State Department of Financial Services (NYSDFS) has denied MBIA's request to make t