September�27,�2019 PUERTO�RICO UPDATE The Commonwealth of Puerto Rico, with a population of 3.2 million, is the largest unincorporated territory of the U.S. Related Bonds Puerto Rico Electric Power Authority (PREPA), Puerto Rico Highways and Transportation Authority, Puerto Rico Sales Tax Financing Corporation (COFINA) Credit Ratings Moody's Ca / Negative Standard & Poor's Rating Moody's downgrades $13 bln in Puerto Rico debt; affirms GO ... Apr 05, 2017 · Moody's Investors Service on Wednesday lowered ratings on $13 billion of Puerto Rican bonds, including debt from the U.S. territory's now-defunct former fiscal agent, the Government Development Bank. Puerto Rico's Debt Clock Runs Out of Time | MyGovCost ... Back in December 2013, we featured a chart that showed how much debt per resident that Puerto Rico had accumulated. It also showed that Puerto Rico was second only to Detroit, Michigan, which had back then recently declared bankruptcy. Here is what we said … LETTERS TO THE EDITOR: Bankruptcy costing Puerto Rico ...
May 17, 2017 · The Puerto Rico Debt Syllabus is collection of links to articles, websites, and multimedia on Puerto Rico’s debt crisis. It was recently launched by the Unpayable Debt Working Group.It constitutes an impressive storehouse of references for teachers of geography, economics, digital literacy, and critical thinking.. The resources are divided into six groupings:
Puerto Rico offers fiscal plan settling debt for pennies ... Jan 25, 2018 · Puerto Rico's government unveiled a fiscal plan Thursday under which the commonwealth would only be able to support $2.5 billion to $14 billion of debt in the long term, a fraction of its current Puerto Rico's debt crisis explained - YouTube Jun 28, 2017 · Puerto Ricans voted yes to statehood. But becoming a state wouldn't solve the island's $120 billion debt problem. CNN's Christine Romans explains.
Standard & Poor's credit rating for Puerto Rico stands at D with negative outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Puerto Rico thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Puerto Rico as reported by major credit rating agencies.
Puerto Rico's Debt Clock Runs Out of Time | MyGovCost ... Back in December 2013, we featured a chart that showed how much debt per resident that Puerto Rico had accumulated. It also showed that Puerto Rico was second only to Detroit, Michigan, which had back then recently declared bankruptcy. Here is what we said …
1 Aug 2015 Fitch downgraded Puerto Rico's debt ratings to 'CC' from 'B' with a rating watch negative, saying a default of some kind appeared probable.
Puerto Rico’s bond market and its ratings: How bad it is? Oct 30, 2013 · Puerto Rico’s bonds are trading as though they have junk ratings. There has been a lot of resulting talk about the disconnect between Puerto Rico’s investment-grade ratings and the yields on its debt. Part of the increasing yields on Puerto Rico’s debt is due to a shrinking investor base. Puerto Rico's debt downgraded to junk - USA TODAY Feb 05, 2014 · Puerto Rico's tax-supported debt is $38.4 billion, or about $10,600 per capita, says S&P's Horacio Aldrete-Sanchez. "Relative to other states, that's significantly higher," he says. Puerto Rico's credit rating cut to junk by S&P Feb 04, 2014 · Puerto Rico's credit rating now stands at "BB+," with additional cuts possible. S&P praised recent actions by the Puerto Rican government to reduce deficits and reform the pension system for The Bonds That Broke Puerto Rico - The New York Times
Puerto Rico strikes deal with bondholders to write off ...
Standard & Poor's credit rating for Puerto Rico stands at D with negative outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and Fitch Ratings would be the last to downgrade on February 11, 2014, by downgrading Puerto Rico's GO debt from BBB- to BB, two levels below investment grade.
Moody's Downgrades Puerto Rico to Just Above Junk ... Dec 13, 2012 · The Baa3 is Moody’s lowest investment grade rating. Moody’s retained a negative outlook on the debt. Also part of the downgrade, Moody’s lowered Puerto Rico conduit debt to below investment UPDATE 2-S&P cuts Puerto Rico rating, says default seems ... Jun 30, 2015 · S&P said its negative outlook reflects at least a one-in-three chance that it could lower Puerto Rico’s rating if it said it may miss a debt service payment or planned to restructure in any way