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 agency noted the progress in the publication of audited financial statements and the improvement in reliability, timeliness and accessibility to information. #NewsismyBusiness
Fitch Ratings announced it has upgraded First BanCorp’s (FBP) Long-Term Issuer Default Rating to ‘BB’ from ‘B+,’ with a stable outlook. “The upgrade primarily reflects Fitch’s review of FBP’s blended operating environment score as well ...
News is my Business was born in November 2010 out of a desire to provide no-nonsense, straightforward, English-language news relevant to Puerto Rico’s business community, in an all-digital format.