S&P cuts gov’t Retirement System outlook to ‘negative’ from ‘stable’
July 27, 2012
For the second time in the last week, Puerto Rico’s credit ratings have been under scrutiny by stateside agencies. This time, it was Standard & Poor's Ratings Services, which revised its outlook on the Commonwealth ...
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OMB Chief: ‘We strongly reject’ Moody’s $16B COFINA bond rate cut
July 18, 2012
In what may constitute as the latest setback in Puerto Rico’s attempt to put the economy back on track, Moody's Investors Service announced Wednesday its decision to downgrade $16 billion in Puerto Rico Sales Tax ...
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S&P downgrades GDB rating outlook to ‘negative’ from ‘stable’
June 25, 2012
Standard & Poor's Ratings Services revised Monday its ratings outlook on the Government Development Bank for Puerto Rico to negative from stable, while affirming its 'BBB/A-2' ratings for the agency.
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