Puerto Rico GDB Selling $800 Million

Albano, Christine
May 2006
Bond Buyer;5/8/2006, Vol. 356 Issue 32376, p1
Trade Publication
This article reports that Goldman Sachs & Co. and Lehman Brothers will price the $800 million notes to be sold by the Puerto Rico Government Development Bank. The general unsecured senior obligations will address a budget gap of 738 million dollars for the current fiscal year and cover lines of credit for Puerto Rican public companies and administrative agencies.


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