Puerto Rico gov’t set to issue $75M in catastrophe insurance bonds
May 29, 2024
The government is reportedly working with several insurance and reinsurance companies to structure the coverage. #NewsismyBusiness
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IEEFA: Oversight Board warns Puerto Rico bonds could be worthless
February 7, 2024
In July 2017, the Oversight Board rejected a debt agreement for PREPA, explaining that the deal was not in the best interests of Puerto Rico. #NewsismyBusiness
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AFICA issues up to $57.4M in new bonds for Grupo Auxilio Mutuo
November 19, 2021
The Puerto Rico Fiscal Agency and Financial Advisory Authority (AAFAF) and the Puerto Rico Industrial, Tourist, Educational, Medical and Environmental Control Facilities Financing Authority (AFICA) announced the issuance of up to $57.4 million in new AFICA bonds to refinance existing debt and finance the expansion of services, as well as improvements to several components of […]
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