Moody's Investors Service has placed the University of Puerto Rico's ratings on Watchlist for possible downgrade, affecting $652 million of rated debt issued through AFICA, as the as the Authority of Financing for Industrial, Tourism, Educational, Medical and Environmental Control Facilities is known.
The University of Puerto Rico’s Mayagüez Campus is getting $100,000 in financing from the Puerto Rico Industrial Development Co. to work with the island’s food and beverage industry to develop a nutritional labeling and lab testing program.