CUSIP 745177FS9

  • ISIN: US745177FS91
  • Entity Name: Government Development Bank for Puerto Rico
  • Sector: Municipal Agency
  • Announcement Date: 09-Jan-2018
  • Effective Date: 02-Jan-2018
  • Issue Date: *****
  • Maturity Date: 01-Dec-2019
  • Country of Issuer: Puerto Rico
  • Region: Caribbean
  • Issue Currency: United States of America Dollars
  • CA Type: Coupon Default
  • News: GDB makes reference to previous notices posted to EMMA regarding GDBs debt service payments and the restrictions governing such payments that were implemented by Executive Order No. OE-2016-014, signed by the Governor of Puerto Rico on April 30, 2016 (the Executive Order). On January 2, 2018, by virtue of rollover from January 1, 2018 to the next business day, the Trustee was scheduled to make payments in the aggregate amount of $8,822,140.42 of interest on certain of the Bonds. Notice is hereby given that, in accordance with the provisions of such Executive Order, such payment on the Bonds has not been made by GDB.
  • Description: Municipal Name: Government Development Bank for Puerto Rico CUSIP: 745177FS9 Currency: USD Government Development Bank for Puerto Rico announced today that it has not been paid the interest payment due to insufficient money on Revenue Fund for Series 2013B-1 Bonds on January 2, 2018.
  • Bond Document:
  • Latest Corporate Actions:

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