AGP: Moody’s actions further signal need for fiscal discipline
December 17, 2012
Governor-elect Alejandro García-Padilla said the recent downgrade by Moody’s Investors Service of the Commonwealth of Puerto Rico’s General Obligation bonds “further signal the need for fiscal discipline at the central government and in our public ...
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Moody’s cuts Puerto Rico’s credit affecting $38B in debt
December 14, 2012
Moody's Investors Service downgraded Puerto Rico’s general obligation rating Thursday to Baa3 from Baa1, affecting about $38 billion of the island’s debt held by more than a handful of agencies.
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HJ Sims: Next Puerto Rico gov. must leave fiscal progress ‘intact’
October 24, 2012
An analyst for underwriting firm HJ Sims told Bloomberg that maintaining Puerto Rico’s debt at a suitable level for investors will depend on whether the governor who wins the Nov. 6 elections is willing to ...
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