Puerto Rico bankruptcy filings up 4% in September
October 3, 2013
The 874 bankruptcy cases filed in Puerto Rico in September were 4 percent higher than those on record for the same month last year.
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S&P revises outlook on Puerto Rico COFINA bonds
October 1, 2013
Basing its assessment on Puerto Rico’s declining economy and population, Standard & Poor's Ratings Services revised Monday its outlook on Puerto Rico Sales Tax Financing Corp.'s (known as COFINA) first- and second-lien bonds to negative from stable.
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CNE: Puerto Rico’s fiscal base has, will continue to erode
September 18, 2013
Puerto Rico's socioeconomic fiscal base has eroded and continues to erode significantly, while the central government and some public corporations are basically insolvent.
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