TITLE

Puerto Rico GDB Issues On Watch

AUTHOR(S)
Cataldo, Adam L.
PUB. DATE
April 2006
SOURCE
Bond Buyer;4/5/2006, Vol. 356 Issue 32354, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the placement of Standard & Poor's BBB rating on two Government Development Bank (GDB) for Puerto Rico letter of credit-backed issues on CreditWatch with negative implications following the March 2006 decision to put the bank itself on watch. Two issues backed by letters of credit from GDB for the Puerto Rico Industrial, Tourist, Educational, Medical and Environmental Control Facilities Financing Authority's Series 2002 A bonds.
ACCESSION #
20496055

 

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