Standard & Poor's Ratings Services has corrected its rating on Puerto Rico's series 2007B public improvement general obligation bonds to BBB from BBB-minus and corrected the outlook to negative.

At the same time, Standard & Poor's has corrected the outlook on its BBB rating on Puerto Rico Public Buildings Authority's government facility revenue bonds, series C, D, F, G, H, L, M, N, and O, and Puerto Rico Aqueduct and Sewer Authority's series 1995 refunding bonds to negative.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.