Puerto Rico GDB Issues On Watch

Cataldo, Adam L.
April 2006
Bond Buyer;4/5/2006, Vol. 356 Issue 32354, p1
Trade Publication
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.


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