The government of Puerto Rico will default on several debt payments due May 2, including $422 million due from the Government Development Bank, “regardless of whether Congress enacts pending fiscal oversight legislation,” Moody’s Investors Service predicted.
The Center for Investigative Journalism (CPI, as it is known for its initials in Spanish) scored a legal victory in its fight against the government for access to information on the identity of Puerto Rico’s bondholders.
Puerto Rico government officials announced Thursday the availability of the “Virtual Enterprise Management” business page located in the PR.gov website that will initially allow the business sector to enroll in the Registry of Corporations, the and the Department of Labor and Human Resources online records.
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