Mall operator Kimco Realty Corp. said Tuesday recovery efforts are underway at its seven Puerto Rico assets in the wake of Hurricane María.
Puerto Rico’s debt service payment could be reduced to zero in the short-term, when the Financial Oversight and Management Board for Puerto Rico modifies the fiscal plan to readjust it to the island’s new panorama following the humanitarian crisis provoked by the passage of a category 4 hurricane through the island.
CITGO Petroleum Corporation, an indirect, wholly owned subsidiary of Petroleos de Venezuela, S.A., announced it will donate up to 50,000 barrels of diesel to Puerto Rico.