Moody’s – News is My Business

March 13, 20190561

Moody’s: P.R. and its banks will benefit from federal economic analysis

The reason for the positive outlook is that Moody’s believes federal estimates of the island’s Gross Domestic Product “will bolster reforms by

June 12, 201802040

Moody’s: P.R.’s economy will shrink 6-7% in ’18

Following a contraction of 6.2 percent in 2017, Moody’s Credit Standards and Strategy Group expects Puerto Rico’s economy to shrink by another 6 p

May 3, 201803866

Moody’s: $238M FEMA grant ‘credit positive’ for VI Water and Power Authority

A decision by the Federal Emergency Management Agency to provide a $238 million grant for permanent repairs to the U.S. Virgin Islands Water and Power

January 26, 20180746

Assured Guaranty: P.R.’s Revised Fiscal Plans ‘fiscally irresponsible’

Reactions from the public and private sector poured in Thursday on the Revised Fiscal Plans for the government of Puerto Rico, the Puerto Rico Ele

January 13, 20180373

Moody’s: Delay in P.R.’s fiscal plan underscores growing economic uncertainties

The Commonwealth of Puerto Rico's second delay in submitting its revised fiscal plan to the Financial Oversight and Management Board for Puerto R

December 15, 20170515

Moody’s: Recovery prospects for PREPA bondholders down to 35% after storms

Puerto Rico Electric Power Authority bondholders can expect to recover about 35 percent of their investments due to the business disruption and co

October 25, 20170426

Moody’s puts Sacred Heart Univ. on review for credit cut

Moody's Investors Service has placed the Ba3 rating on Sacred Heart University’s General Revenue and Refunding Bonds, 2012A on review for downgr

September 26, 20170440

Moody’s: PR’s fragile economy faces new risks post-María

The Commonwealth of Puerto Rico is facing new risks and economic uncertainty following the devastation caused by Hurricane Maria last week, Moody�

September 13, 20170427

Moody’s: Hurricane Irma further cripples PREPA

Hurricane Irma will have negative implications for the Puerto Rico Electric Power Authority’s liquidity and cause further delays to its debt res

July 13, 20170426

Moody’s: PREPA’s Ca rating reflects ‘uncertain recovery’

Moody’s Investors Service's July 6 downgrade of the Puerto Rico Electric Power Authority’s credit rating to from Caa3 to Ca reflects “the in