Gov. submits bill allowing public corps to restructure
June 25, 2014
Gov. Alejandro García-Padilla announced Wednesday the filing of a bill to establish the framework to allow Puerto Rico corporations in fiscal troubles to conduct an organized restructuring of their debt.
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Gov. signs law to support small, mid-sized businesses
June 12, 2014
Gov. Alejandro García-Padilla on Wednesday signed Law 545, known as the “Microenterprise, Small and Mid-Sized Business Support Act,” to support that sector of the Puerto Rican economy.
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Gov. signs $3.5B GO bond issue, Fitch assigns ‘BB’ rating
March 5, 2014
Puerto Rico Gov. Alejandro García-Padilla signed Tuesday legislation authorizing the issuance of $3.5 billion in general obligation (GO) bonds to be used to refinance outstanding credit lines granted by the Government Development Bank and address ...
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