Moody’s: Puerto Rico’s pension reform, IVU changes ‘credit positive’
May 16, 2013
Credit ratings agency Moody’s Investor Service issued a report Wednesday saying that Commonwealth employee retirement system (ERS, for short) reform and the projected changes to the sales and use tax system are both positives for ...
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Fitch cuts Puerto Rico credit to near junk
March 20, 2013
Fitch Ratings downgraded Puerto Rico’s debt to 'BBB-' from 'BBB+, a notch above “junk,” following the decisions by its colleagues at Moody’s and Standard & Poor’s in recent weeks.
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S&P cuts Puerto Rico’s GO bonds ‘BBB-‘ From ‘BBB’
March 13, 2013
Citing Puerto Rico’s ongoing budget gap, New York-based Standard & Poor's Ratings Services on Wednesday lowered the government’s general obligations rating to 'BBB-' from 'BBB' — one notch above junk. The outlook is negative.
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