The Puerto Rico Public Buildings Authority’s high level of indebtedness — estimated at $4.2 billion — and whether it has repayment capacity, could make it an “easy target” for credit ratings agencies, local analyst firm ...
The Municipal Revenue Collections Center, known as CRIM by its initials in Spanish, announced Tuesday the start of a 100-day amnesty relieving taxpayers who are in arrears with the agency from paying interest, surcharges and ...
Almost exactly a year to the day when Moody’s Investors Service cut Puerto Rico’s credit to Baa3, the New York-based agency placed the island’s general obligation rating on review for downgrade.