Puerto Rico GDB, Treasury: S&P action is ‘wake-up call’
March 15, 2013
High-ranking government officials said Thursday that the decision by Standard & Poor’s a day earlier to slash Puerto Rico’s credit rating to near-junk status was “not a surprise” given the persisting grim economic scenario, but ...
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Moody’s upgrades Pridco’s credit ratings to ‘Baa1’ from ‘Baa2’
July 6, 2012
Moody's Investors Service Inc. disclosed Thursday it has upgraded the M Rico Industrial Development Company's general purpose revenue bond rating to “Baa1” from “Baa2” and changed the outlook to stable. This decision came even ...
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Open Mobile ‘not worried’ about S&P’s credit outlook revision
May 9, 2012
Saying Open Mobile’s parent company, P.R. Wireless, has “less than adequate” liquidity, credit ratings agency Standard & Poor’s revised its outlook on the wireless carrier to negative from stable and affirmed its ratings, including the ...
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