S&P cuts Doral Financial rating, gives negative outlook
December 17, 2012
Citing Doral Financial Corp.’s “weakened capital position and very high nonperforming assets,” Standard & Poor's Ratings Services lowered its issuer credit rating to 'CCC-' from 'CCC+,' with a negative outlook.
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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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Op-Ed: GDB’s response to CNE’s ‘open letter’
October 18, 2012
The Government Development Bank for Puerto Rico is proud of its long tradition of professional management, transparent corporate governance and utmost respect toward the investor community and the people at large.
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