All posts tagged "credit ratings"
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S&P cuts GDB Issue-Level Ratings to ‘D’
From 'CC' on Default on Debt Service
- Posted September 9, 2016
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Moody’s Affirms Assured Guaranty Ratings Despite Puerto Rico Exposure
SAN JUAN – Moody’s Investors Service affirmed the ratings of bond insurer Assured Guaranty Ltd. and its subsidiaries, including Assured Guaranty Municipal Corp. (AGM), Assured Guaranty Corp. (AGC), Assured Guaranty (Europe) Ltd. (AGE) and Assured Guaranty (UK)...
- Posted August 9, 2016
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Municipal-Bond Yields Creep Higher
NEW YORK – Yields for municipal bonds crept upward last week after an encouraging report on the job market drove Treasury yields higher. Muni yields tend to move in the same direction as Treasurys, and the 10-year...
- Posted August 6, 2016
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Fitch Places Certain HTA Bonds on Negative Watch
SAN JUAN – Fitch Ratings placed Monday the following bond issues of the Puerto Rico Housing Finance Authority (PRHFA) on Rating Watch Negative. –$384.5 million Puerto Rico Housing Finance Authority Capital Fund Modernization Program Subordinate Bonds (Puerto...
- Posted July 25, 2016
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Fitch: Puerto Rico Bank Ratings Reflect Commonwealth’s Challenge
SAN JUAN – Following Puerto Rico’s default, ratings for the island’s two main banks, Popular (BPOP) and First BanCorp (FBP), will not be immediately affected, according to Fitch Ratings. The long-term Issuer Default Rating (IDR) of BPOP...
- Posted July 18, 2016
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GDB: A Chronicle of an Insolvency Foretold
First part of Thursday's Front Page story, a look at the bank's demise
- Posted July 13, 2016
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S&P Downgrades HTA Series 1998 Bonds to ‘D’
On default on scheduled debt service
- Posted July 12, 2016
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Moody’s Revises Puerto Rico’s Outlook to Developing from Negative
Eisks of default and loss remain elevated
- Posted July 2, 2016
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US Stocks Rebound as Anxiety Over British Vote eases
Investors welcomed encouraging data on the economy and housing
- Posted June 28, 2016