Commonwealth-COFINA bondholders disclose agreement to end dispute
June 8, 2018
Sales Tax Financing Corp. bondholders submitted an Agreement in Principle in the U.S. District Court in Puerto Rico, potentially ending its dispute with the island’s government.
chat_bubble0 Comment
visibility1313 Views
Moody’s: Pension bonds face imminent payment default
February 14, 2017
In the coming months, the Commonwealth of Puerto Rico will default on bonds issued by its Employees Retirement System following the steady depletion of the bonds' debt service reserves, Moody’s predicted.
chat_bubble0 Comment
visibility1677 Views
Dudley offers prescription for island’s return to growth
November 30, 2016
While admitting that there isn’t much the Federal Reserve Bank of New York can do to spur economic growth for the island, William Dudley, the head of the regulatory agency, said Tuesday he is “confident that Puerto Rico has started on the road to recovery.”
chat_bubble0 Comment
visibility1937 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
