PREPA double-whammied by credit agency downgrades
June 27, 2014
The Puerto Rico Electric Power Authority got a double-whammy from stateside credit ratings agencies, which separately downgraded the agency’s credit a day after Gov. García-Padilla announced a bill paving the way for the restructuring of fiscally troubled public corporations.
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GDB spends $2.6M on stateside debt restructuring firms
April 8, 2014
The Government Development Bank for Puerto Rico spent $2.6 million to pay for the services of two stateside law firms, Cleary Gottlieb Steen & Hamilton LLP and Proskauer & Rose LLP, seeking advice on “financing plans and other related matters.”
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Op-Ed: Ireland, Puerto Rico and the credit rating agencies
March 31, 2014
The similarities between Ireland and Puerto Rico are so numerous that Ireland's case is of interest for our island.
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