Puerto Rico's possible statehood could affect tax-exempt status
- Puerto Rico's Bonding Binge Ending With a $927M Deal. McDonald, Michael // Bond Buyer;1/23/2002, Vol. 339 Issue 31309, p1
Reports on the sale of revenue bonds, worth millions of dollars, by the Puerto Rico Highway and Transportation Authority. Projects proposed to be financed from the proceeds of the sale; Views of executives of various rating agencies on the financial condition of the transportation authority.
- Puerto Rico Road Agency Readies Week's Biggest Sale at $2 Billion. Albano, Christine // Bond Buyer;9/19/2005, Vol. 353 Issue 32220, p1
Reports on the move of Highway and Transportation Authority to deliver sale of revenue bonds in Puerto Rico. Estimation of the agency's annual budget; Determination of the state's operating budget; Details of the credit profile.
- Puerto Rico Charges Ahead. Piazza, Johanna // Bond Buyer;4/7/2003, Vol. 344 Issue 31609, p1
The Puerto Rico Highways and Transportation Authority will issue 1.57 billion dollars in triple tax-exempt debt in the second week of April 2003. The authority will hold a combined retail and institutional pricing for 930 million dollars of refunding bonds and 640 million dollars of new-money...
- Muni Yields Fall 2 to 3 Basis Points; $1.67 Billion Puerto Rico Sale Prices. Chesla, Nicholas // Bond Buyer;4/9/2003, Vol. 344 Issue 31611, p2
The article presents information related to the bond market in the U.S. The Puerto Rico Highways and Transportation Authority entered the new-issue market with a $1.67 billion loan featuring a top yield of 5.20 percent in 2042 while cash bond yields fell two to three basis points. In the...
- Puerto Rico Agency to Sell $1.75B. Kaske, Michelle // Bond Buyer;2/9/2007, Vol. 359 Issue 32565, p1
The article reports that the Puerto Rico Highways and Transportation Authority will sell roughly $1.75 billion of refunding and new-money revenue debt to help finance its construction program. The author offers information about the terms and conditions of the deal. The author also implies that...
- HTA bond deal likely pushed back to 2013. Marino, John // Caribbean Business;10/4/2012, Vol. 40 Issue 39, p2
The article reports on the possibility for the Puerto Rico Highway & Transportation Authority (HTA) bond deal of $2 billion to rollback in 2013. HTA intends to use the bond to pay off Government Development Bank (GDB) loans and raise capital for public works amounting to $400. It clarifies that...
- New Bonds, Oil Tax Planned to Boost Puerto Rico GDB and PRHTA. Slavin, Robert // Bondbuyer.com;10/31/2014, p27
The article reports on the plan by Puerto Rico to help its Highways and Transportation Authority (PRHTA) via oil tax increase and bond sale in 2014. Topics covered include the sources of funding for PRHTA, the introduction of a bill to increase total taxes on oil and the estimated value of bonds...
- Puerto Rico Lawmakers Wrangle Over Boost for PRHTA. Slavin, Robert // Bond Buyer;11/19/2014, Issue 34213, p1
Puerto Rico lawmakers are wrangling with Gov. Alejandro GarcÃa Padilla over ways to boost the finances of the Puerto Rico Highways and Transportation Authority after the governor's plan to raise oil taxes reportedly ran into opposition.
- Puerto Rico's Latest Bond Plan Stirs Default Debate. Slavin, Robert // Bond Buyer;10/23/2014, Vol. 1 Issue 34199, p15
The article looks into the debate over the planned sale of the Puerto Rico Infrastructure Finance Authority (PRIFA) bond by the Puerto Rican government. Analysts raise concerns over the risk of defaults on Puerto Rican bonds with the approval of the Debt Enforcement and Recovery Act. The...