S&P lowers ratings for PRASA, GDB bonds
July 15, 2014
Standard & Poor's Ratings Services continued the downgrading streak by credit ratings agencies in recent weeks, by slashing the standing of the Puerto Rico Aqueduct & Sewer Authority and the Government Development Bank on Monday.
chat_bubble0 Comment
visibility3067 Views
Fitch: Puerto Rico bonds decline following Recovery Act
July 14, 2014
Declines in pricing of Puerto Rico bonds added further pressure to already depressed net asset values of Puerto Rico mutual funds, according to Fitch Ratings, which added that Fitch-rated Puerto Rico fund managers are reacting ...
chat_bubble0 Comment
visibility3143 Views
Puerto Rico has ‘no plans’ to default, gov’t officials say
July 11, 2014
High-ranking Gov. García-Padilla administration officials came out once again in defense of recent decisions aiming to boost Puerto Rico’s credit and ensure long-term fiscal and economic sustainability — most of which have generated strong backlash ...
chat_bubble1 Comment
visibility2313 Views
