House Bill 72 aims to modernize travel industry regulations in Puerto Rico
February 6, 2025
The proposed amendments seek to consolidate travel agent roles, address technological changes and improve consumer protections. #NewsismyBusiness
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IEEFA: Puerto Rico utility’s annual budget deficits persist after 6 years of federal oversight
April 8, 2024
The U.S.-based clean energy think tank warns a potential $2.5 billion bond issue for PREPA could significantly impact the financial burden on households. #Newsismybusiness
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Gov’t makes $354M debt service payment via clawbacks
December 1, 2015
The Puerto Rico Government Development Bank announced today it has met its scheduled payments of $354 million in principal and interest after Gov. Alejandro García-Padilla instructed his fiscal team to redirect available revenues from other instrumentalities by activating contractual clawback provisions.
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$354M bond payment, SCOTUS decision loom this week
November 30, 2015
The government of Puerto Rico is facing a busy week with the development of three key events on- and off-island, headed by a decision to make a $354 million bond payment by the Dec. 1 deadline.
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Bond insurers get ‘Stable’ outlook despite P.R. exposure
July 7, 2015
Assured Guaranty Municipal and National Public Finance Guarantee, two bond insurers with exposure to Puerto Rico, recently received AA+ Stable Outlook ratings from Kroll Bond Rating Agency, which gave them favorable grades despite their risk.
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