Puerto Rico

The Puerto Rico government plans to sell long-term bonds by the end of February, government officials said Thursday.

Puerto Rico's population shrank by 1% in the year ending July 1, continuing a trend cited as a credit negative.

Puerto Rico's economic activity index was up for the third consecutive month in November.

The Puerto Rico Government Development Bank has sold $110 million in notes to a public corporation in a step to increase its liquidity.

Puerto Rican teachers' unions are preparing to go on strike to protest the reform of their retirement system signed by Gov. Alejandro García Padilla.

Puerto Rico is poised to adopt an overhaul of the teachers' pension system as the government defends the commonwealth's investment grade rating.

A Puerto Rico authority announced advisors for four projects under evaluation as priority P3 projects.

The unemployment rate in Puerto Rico was 14.7% in November, unchanged from October's unemployment rate.

The Puerto Rico House of Representatives approved an overhaul of the Teachers' Pension Reform on Saturday.

Moody's Investors Service put the bond ratings of the Puerto Rico Electric Power Authority and the University of Puerto Rico on a review for a downgrade.

Puerto Rico Gov. Alejandro García Padilla is proposing three measures to strengthen the commonwealth's and its municipalities’ finances.

Puma Energy has picked Puerto Rico to be its new regional headquarters, which is expected to lead to the creation of 230 jobs indirect jobs there.

Puerto Rico Gov. Alejandro García Padilla is convening the legislature in a special session to reform the underfunded teachers' pension system.

Puerto Rico Gov. Alejandro García Padilla is considering calling an extraordinary session of the Puerto Rico legislature to reform the commonwealth's teacher pension system.

Two statistical measures of Puerto Rico manufacturing show improvements in recent months.

After several solid months of Puerto Rico government revenue collections, November collections came up short.

Puerto Rico came under increased pressure to issue bonds in coming months to prove it can still access capital, as Moody's Investors Service put $52 billion of the island's debt under review for a downgrade to junk status.

The Puerto Rico government turned to the Government Development Bank of Puerto Rico to pay off a $400 million Barclays note due this month, according to the Caribbean Business web site.

Puerto Rico debt analysts saw some encouraging signs in the commonwealth's economic activity index, which rose in September and October, breaking a 10 month slide.

Puerto Rico Electric Authority's primary effort right now is replacing oil in the generation of electricity, PREPA executive director Juan Alicea Flores said.