Puerto Rico

  • Jul 2, 2014
  • 2 min read

Puerto Rican debt restructuring likely in 2015

Moody's downgraded Puerto Rico's credit rating by three levels yesterday, from Ba2 to B2 (BB to B...

Puerto Rico
  • Apr 3, 2014
  • 1 min read

Puerto Rican reforms may avert looming default

Puerto Rico
  • Mar 12, 2014
  • 2 min read

Puerto Rican default fears will reappear in 2015

Puerto Rico yesterday sold 3.5 billion dollars of debt, increased from 3.0 billion dollars after...

Puerto Rico
  • Feb 5, 2014
  • 2 min read

Puerto Rican economy threatens further downgrades

Standard & Poor's (S&P) yesterday cut Puerto Rico's general-obligation bonds from BBB- to BB+,...

Puerto Rico
  • Jan 24, 2014
  • 6 min read

Declining Puerto Rican economy risks downgrade

The US Government Accountability Office (GAO) is due to release a report next month on the costs...

Puerto Rico
  • Jan 23, 2014
  • 2 min read

Puerto Rican bond proposal would only delay problems

Morgan Stanley is seeking investors for a 2 billion dollar bond offering from Puerto Rico, it was...

Puerto Rico
  • Dec 12, 2013
  • 2 min read

Puerto Rican downgrade could trigger federal action

Moody's yesterday announced that it has placed Puerto Rican debt under review; the island's bonds...

Puerto Rico
  • Nov 21, 2013
  • 2 min read

Federal bailout for Puerto Rico may be necessary

The White House yesterday announced that a team of economic advisors from the Departments of...

Puerto Rico