Fitch cuts Puerto Rico Electric Power Auth’s credit to junk
June 12, 2014
Fitch Ratings downgraded Wednesday the rating on $8.7 billion of the Puerto Rico Electric Power Authority’s power revenue bonds to “BB” from “BB+,” putting them at junk level. In addition, Fitch also placed the “BB” classification on rating watch negative.
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Gov. signs law to support small, mid-sized businesses
June 12, 2014
Gov. Alejandro García-Padilla on Wednesday signed Law 545, known as the “Microenterprise, Small and Mid-Sized Business Support Act,” to support that sector of the Puerto Rican economy.
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Nevis presents its tourism offers in Puerto Rico
June 12, 2014
Top tourism officials for the Caribbean island of Nevis were in Puerto Rico Wednesday to share details of what their island has to offer to travelers during this summer vacation season.
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