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Puerto Rico needs new debt limit protections bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
Soho Repertory Theater has announced its 2021-22 season, which kicks off in November and goes through June. It includes three full-length productions, including two world premiere plays and one New York premiere.
Analysts question integrity of new Puerto Rico bonds without legislative OK bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
Puerto Rico board sets out argument for Plan of Adjustment bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
REGISTER NOW Moody's Investors Service has withdrawn its ratings for Puerto Rico and its various authorities for its own business reasons, the agency said Tuesday. The withdrawal actions "are not related to the current ongoing restructuring processes under the Puerto Rico Oversight, Management, and Economic Stability Act,” the agency said in a release. Moody's would not comment further, though pointed to its policy for withdrawal of credit ratings, which note that default, incorrect, insufficient or otherwise inadequate information, among other issues can result in a withdrawal, not an uncommon occurrence. Fotolia "When [Moody's] indicates that a Credit Rating was withdrawn for 'business reasons,' this often refers to [Moody's] business reasons, not the business reasons of the rated entity or obligor," the policy states. "Business reasons generally do not reflect any concerns about the rated entity’s creditworthiness or the quality of its management. Where appropriate, MIS’s decision to withdraw a rating under these circumstances will attempt to balance the informational benefit to market participants from maintaining a credit rating against the resources required to maintain and monitor that credit rating or other business considerations."
PR Board reaches key agreements with insurers, bondholders bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
Puerto Rico governor wants pensions out of bond debt negotiations bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
In a first, PR Oversight Board agrees with local government on budget bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
PR Oversight Board: effort to undo labor laws illegal bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.