13 Aug 2015 New austerity measures are imposing more economic pain on U.S. territory Puerto Rico, which already has a poverty rate almost double that of 3 Jun 2016 Defaults on bonds issued by some components of the Puerto Rican government have already occurred, and credit rating agencies expect others 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. 19 May 2016 In 2014, multiple credit ratings agencies downgraded Puerto Rico's bonds to junk status. Because of the high risk associated with this low 23 Jul 2015 According to ratings agency Moody's, Baa-rated munis historically had similar default rates as Aaa-rated corporate bonds. Average Cumulative Puerto Rico (Commonwealth of) Credit Rating - Moody's 51 rows · For credit ratings that are derived exclusively from an existing credit rating of a program, series, category/class of debt, support provider or primary rated entity, or that replace a previously assigned provisional rating at the same rating level, Moody’s publishes a rating announcement on that series, category/class of debt or program as a whole, on the support provider or primary rated
Puerto Rico (Commonwealth of) Credit Rating - Moody's
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 ... Mar 09, 2020 · The Washington Times editors recently wrote that Puerto Rico's creditors need to know the depth of the fiscal hole into which the island has dug itself ("It's time to audit Puerto Rico for real Moody's Cuts Puerto Rico Rating Three Notches - WSJ Moody's Investors Service lowered the rating of $14.4 billion of Puerto Rico's general-obligation bonds to B2 from Ba2 after the commonwealth passed legislation to let it overhaul other public debt. Government Development Bank for Puerto Rico
51 rows · For credit ratings that are derived exclusively from an existing credit rating of a program, series, category/class of debt, support provider or primary rated entity, or that replace a previously assigned provisional rating at the same rating level, Moody’s publishes a rating announcement on that series, category/class of debt or program as a whole, on the support provider or primary rated
Moody's Downgrades Puerto Rico GOs, COFINA and Other Debt ... Oct 11, 2017 · Moody's Downgrades Puerto Rico GOs, COFINA and Other Debt After Hurricane Maria; Outlook Negative. 11 Oct 2017 New York, October 11, 2017 -- Summary Rating Rationale Moody's Investors Service has downgraded the Commonwealth of Puerto Rico's general obligation bonds to Ca from Caa3, in view of the protracted economic and revenue disruptions The Origins of the Puerto Rican Debt Crisis
Results 1 - 42 of 42 11 Oct 2017, Rating Action. Moody's Downgrades Puerto Rico GOs, COFINA and Other Debt After Hurricane Maria; Outlook Negative.
Debt Relief Puerto Rico: Overcoming credit card debt ...
May 02, 2018 · How Puerto Rico's Debt Created A Perfect Storm Before The Storm For years, the nation's largest banks made millions off Puerto Rican debt as the island approached financial ruin. Then, with its
3 Jun 2016 Defaults on bonds issued by some components of the Puerto Rican government have already occurred, and credit rating agencies expect others 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. 19 May 2016 In 2014, multiple credit ratings agencies downgraded Puerto Rico's bonds to junk status. Because of the high risk associated with this low 23 Jul 2015 According to ratings agency Moody's, Baa-rated munis historically had similar default rates as Aaa-rated corporate bonds. Average Cumulative