Gov. García-Padilla unveils measures to address S&P cut
February 6, 2014
The governor also instructed agencies to accelerate infrastructure investment plans to revive the economy. In that vein, the government has identified $800 million in public and private investment in infrastructure projects that it will push aggressively.
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S&P slashes Puerto Rico rating to junk; gov’t reacts
February 5, 2014
More than a year after warning about the possibility, Standard & Poor's Ratings Services on Tuesday made good on its word and cut its rating of Puerto Rico’s general obligation debt to 'BB+' from 'BBB-,' pushing it to the highest junk level status.
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Private sector trade groups discuss S&P downgrade
February 5, 2014
As word of the decision taken by Standard and Poor’s to downgrade Puerto Rico’s credit rating to junk level, the island’s biggest trade groups spoke out. Following are their individual statements.
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