Moody’s Investors Service is set to conclude its review of Puerto Rico’s credit and fiscal situation in coming weeks, when it will focus on key issues of liquidity, budget performance and economic outlook, the New York-based agency said in a report released Thursday.
Standard & Poor's Ratings Services this week affirmed its 'BBB-' rating and negative outlook on Puerto Rico’s general obligation (GO) and appropriation debt, based on — among other things — the commonwealth's weak economic trends that began in fiscal 2007, including population declines and economic contraction.
A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of B+ (Good) and issuer credit rating of “bbb-” of Puerto Rico’s Multinational Life Insurance Company in Hato Rey.
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