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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GDB’s Ferrer: ‘Credit cut is something nobody wants’
February 15, 2013
Government Development Bank President Javier Ferrer said the García-Padilla administration is “analyzing all types of measures” to address Puerto Rico’s critical fiscal problems fronted by the drained public retirement systems that are being closely watched ...
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Moody’s assigns ‘Baa3’ rating to $350M Aerostar bonds
January 10, 2013
Moody's Investors Service announced Wednesday it has assigned provisional ‘Baa3’ ratings to Aerostar Airport Holdings, LLC's $350 million of senior secured bonds. The outlook is stable. Bond proceeds will be used to partially fund the ...
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