AFGI Urges Puerto Rico To Close Gap

Cataldo, Adam L.
May 2006
Bond Buyer;5/3/2006, Vol. 356 Issue 32373, p1
Trade Publication
The article reports on the warning given by the Association of Financial Guaranty Insurers (AFGI) that Puerto is in danger of losing access to bond insurance and affordable market access if its credit falls to junk status. AFGI urged the government to take immediate legislative action to close the structural deficit which has led Puerto Rico's debt to the brink of non-investment grade ratings status.


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