Tuesday, September 17, 2019

All posts tagged "bonds"

  • PREC Continues to Shepherd Prepa Debt Restructuring

    Any persons or entities interested in intervening in the review of the petition by the Puerto Rico Electric Power Authority (Prepa) for a new rate structure have until April 19 to submit their written remarks, the Puerto Rico Energy Commission (PREC)...

    • Posted April 14, 2016
  • Debt Crisis Prompts Skyfall

    A spiffy image of Gov. Alejandro García Padilla as Agent 007 is a fitting representation of his administration’s attempt to act as an agent of change with the initiative to put together a SuperBond deal as a...

    • Posted March 3, 2016
  • Trial Under Way in $100 Million Lawsuit Against Venezuela

    COLUMBUS, Ohio — A federal trial over a $100 million investors’ lawsuit against Venezuela includes allegations of fraud, hints of an international criminal conspiracy, and references to diamonds, German junk bonds and a mysterious house fire in...

    • Posted February 14, 2016
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  • Bond Exchange Seeks to Trade Value for Shared Pain

    The bond exchange the Puerto Rico government is proposing to holders of $49.2 billion of debt will have an impact on local bondholders who have a nominal value of around $15 billion in bonds. Economist Vicente Feliciano...

    • Posted February 11, 2016
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  • Kroll Bond Rating Agency Comments on Puerto Rico, Bond Insurers

    SAN JUAN – Kroll Bond Rating Agency (KBRA) has an outstanding insurance financial strength rating of AA+, with a stable outlook, on both Assured Guaranty Municipal Corp. (AGM) and National Public Finance Guarantee Corp. (National). These two...

    • Posted January 14, 2016
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  • No Great Places to Shelter from this Market Turmoil

    NEW YORK – Stock prices are crumbling around the world, but the usual place for investors to go for safety, bonds, can’t provide as much cover as usual. Bonds are still doing their job this year as...

    • Posted January 14, 2016
  • S&P Downgrades Prifa Bonds to Default

    A day after the Puerto Rico government failed to pay roughly $36 million in interest corresponding to Infrastructure Financing Authority (Prifa) debt, Standard & Poor’s announced Tuesday it had lowered its rating on the public corporation’s bonds,...

    • Posted January 5, 2016
  • Dividends on the Chopping Block as Profit Growth Peters Out

    NEW YORK – The dividend gravy train is slowing down, threatening an important source of income for investors at a time when stocks are going nowhere. About 500 companies cut or halted their dividends last year, the...

    • Posted January 5, 2016
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  • US Stocks Drift to a Mixed Close in Quiet Pre-Holiday Trade

    NEW YORK – Stocks closed slightly lower in extremely light trading Thursday as investors remained on the sidelines ahead of Christmas. The price of crude oil continued to recover. The Dow Jones industrial average fell 50.44 points,...

    • Posted December 24, 2015
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