Individual Puerto Rico bondholders announced the creation of Backyard Bondholders seeking to have a unified voice in the negotiations between the commonwealth’s government, the U.S. House of Representatives and other creditors on the restructuring of the public debt.
A cross section of local contractors lobbied Monday at the Capitol for the approval of the bill that would give the Puerto Rico Aqueduct and Sewer Authority access to the bond market saying, “a vote against the bill is a vote in favor of a water rate hike.”
Perea Hospital, located in the municipality of Mayagüez, is embarking on an aggressive growth plan that entails the investment of $19.5 million for the construction of infrastructure, acquisition of new equipment and the remodeling of existing structures.