Puerto Rico Refunding May Shrink

D'Ambrosio, Jill
April 2004
Bond Buyer;4/28/2004, Vol. 348 Issue 31872, p1
Trade Publication
Reports on the expectation for Puerto Rico to advance refund up to $440 million in general obligation bonds. Effect of the jump in the consumer price index and robust job growth on the municipal market; Confidence of Government Development Bank of Puerto Rico executive vice president for financing Carlos M. Pineiro about the timing of the refunding; Role of Goldman Sachs & Co., Banc of America Securities LLC and Citigroup Global Markets Holdings Inc. in the deal.


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