First BanCorp, parent company of First Bank, is getting ready to to price a $500 million secondary common stock offering next week, as an effort to shore up its finances.
“The science conducted in Puerto Rico, through institutions like Ponce Health Sciences University and the Ponce Research Institute, has a global reach. The discoveries generated here not only advance our knowledge but also contribute to concrete solutions to global public health challenges.”
— Robert Mujica, executive director, Financial Oversight and Management Board for Puerto Rico
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