The Puerto Rican superstar has a huge voice and a ton of influence — especially among Latinos and young voters. #NewsismyBusines
National Airlines, an air carrier specializing in custom transportation needs for corporations and government entities, announced that its 747-400 freighter fleet has operated 13 flights transporting 2.7 million pounds of aid to Puerto Rico and delivered goods to areas most devastated by Hurricane María.
National Public Finance Guarantee Corporation announced that it and other creditors have voluntarily dismissed without prejudice the adversary complaint filed on Aug. 7, 2017 which sought to compel the Puerto Rico Electric Power Authority to deposit revenues with the bond trustee as required by the terms of the PREPA Trust Agreement, PROMESA and the U.S. Constitution.
In what could represent the first positive for Puerto Rico in its litigation with creditors and insurance companies over debt repayment, two monoline insurers — National Public Finance Guarantee Corp. and Assured Guaranty withdrew their complaints against the Commonwealth’s Fiscal Plan.
National Public Finance Guarantee Corporation, an indirect subsidiary of MBIA Inc., filed a complaint Wednesday challenging the Puerto Rico Emergency Moratorium and Financial Rehabilitation Act, asking the court to invalidate it.
True Value Company on Tuesday announced National Lumber and Hardware as the newest purchasing partner of the cooperative.
For the second time this year, A.M. Best Co. has downgraded National Life Insurance Company’s ratings, this time to C++ (Marginal) from B- (Fair) and issuer credit rating to “b” from “bb-.” The agency left the door open to further downgrades Friday.
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