Report: Public Buildings Auth. ‘target’ for downgrade
January 8, 2014
The Puerto Rico Public Buildings Authority’s high level of indebtedness — estimated at $4.2 billion — and whether it has repayment capacity, could make it an “easy target” for credit ratings agencies, local analyst firm REOF Capital concluded in a recently released report.
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González tapped to head Public Buildings Authority
January 3, 2014
Gov. Alejandro García-Padilla on Thursday submitted to the Public Buildings Authority board the appointment of engineer Ángel L. González-Carrasquillo as the new executive director of that government agency.
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Public Building Authority refinances $588.9M in bonds
June 8, 2012
The Government Development Bank confirmed Thursday that the Puerto Rico Public Buildings Authority completed the refinancing of $588.9 million in bonds through a placement in the exempt market.
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