The Gov. Luis Fortuño administration sent a scathing letter to Moody’s Investor Services late Thursday, expressing its “utter disappointment” with the agency’s decision to downgrade the Puerto Rico Sales and Use Tax Financing Corporation’s bond ...
Standard & Poor's Ratings Services has revised its outlook for the Puerto Rico government’s general obligation (GO) and appropriation debt ratings to negative from stable.
Guaynabo-based Trans-Oceanic Life Insurance Company this month received a strong review from credit ratings agency A.M. Best Co., which revised the outlook for the issuer credit rating to positive from stable, to “bbb,” and affirmed ...