The upgrades reflect a revision of Óptima’s operating performance assessment from adequate to strong. #NewsismyBusiness
The ratings have been given a stable outlook. #NewsismyBusiness
Humana Insurance of Puerto Rico Inc. and Humana Health Plans of Puerto Rico Inc. have struggled with increasing losses, particularly in their Medicare Advantage segment. #NewsismyBusiness
However, the outlook was revised from negative to stable. #NewsismyBusiness
The outlook of these Credit Ratings is stable, AM Best stated. #NewsismyBusiness
Its negative outlook remains due to “slower pace of deleveraging than initially expected and high competition.” #NewsismyBusiness
The outlook assigned to these credit ratings is stable. #NewsismyBusiness
AES PR’s rating is linked to — but not constrained by — Puerto Rico Electric Power Authority’s (Prepa) credit quality, which currently stands at “D.” #NewsismyBusiness
The ratings agency gave the local co-op an all-around good review. #NewsismyBusiness
Moody’s Investors Service announced it has withdrawn the general obligation and related ratings of the Commonwealth of Puerto Rico, citing only “business reasons,” for pulling out. The decision to no longer provide ratings includes those assigned to the Puerto Rico Aqueduct & Sewer Authority, the Puerto Rico Electric Power Authority, and the University of Puerto […]
High-ranking government officials said Thursday that the decision by Standard & Poor’s a day earlier to slash Puerto Rico’s credit rating to near-junk status was “not a surprise” given the persisting grim economic scenario, but in its analysis the agency is giving the current administration “room to tackle the general fund deficit.”
Moody's Investors Service Inc. disclosed Thursday it has upgraded the M Rico Industrial Development Company's general purpose revenue bond rating to “Baa1” from “Baa2” and changed the outlook to stable. This decision came even though Pridco has some $210 million of outstanding debt.
Saying Open Mobile’s parent company, P.R. Wireless, has “less than adequate” liquidity, credit ratings agency Standard & Poor’s revised its outlook on the wireless carrier to negative from stable and affirmed its ratings, including the 'B' corporate credit rating.
Moody's Investors Service downgraded the rating of more than $1 billion of the Puerto Rico Public Building Authority’s general obligation bonds to Baa1 from A3, providing a negative outlook for Series R and Series S. The bonds are expected to go to market Tuesday.
The United States’ 94-year excellent credit run ended Friday, when ratings agency Standard & Poor’s lowered the country’s AAA credit to AA+ for the first time, dissatisfied with the results of the spending cuts package agreement between Congress and the White House reached earlier in the week.
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