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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GDB places $400M in Puerto Rico Highway Auth. bonds
August 30, 2013
The Puerto Rico Highway and Transportation Authority closed Thursday $400 million in Bond Anticipation Notes financing with RBC Capital Markets that will benefit both the agency and the Government Development Bank, its Interim President José Pagán said.
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Puerto Rico Power Authority closes $673.1M bond issue
August 8, 2013
On its first trip to the market in over a year, the Puerto Rico Electric Power Authority completed a $673.1 million municipal bond deal.
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