CUSIP 745291UU6
- ISIN: US745291UU65
- Entity Name: Puerto Rico Public Finance Corporation
- Sector: Municipal Agency
- Announcement Date: 06-Mar-2018
- Effective Date: 02-Mar-2018
- Issue Date: *****
- Maturity Date: 01-Aug-2028
- Country of Issuer: Puerto Rico
- Region: Caribbean
- Issue Currency: United States of America Dollars
- CA Type: Coupon Default
- News: In connection with the continuing disclosure obligations imposed on issuers of municipal securities by Rule 15c2-12 of the Securities Exchange Act of 1934, the Puerto Rico Public Finance Corporation (the Corporation) must notify the occurrence of certain events. Rule 15c2-12(b)(5)(i)(C)(11) requires that the Corporation provide notice to the Municipal Securities Rulemaking Board (MSRB) of rating changes relating to its outstanding bonds. Notice is hereby provided that on March 2, 2018, Standard & Poors Global Ratings (S&P) discontinued the unenhanced rating on the Corporations Commonwealth Appropriation Bonds. Some insured bonds ratings may have not changed. Attached are a copy of S&Ps publication and a list of the affected bonds.
- Description: Municipal Name: Puerto Rico Public Finance Corporation CUSIP: 745291UU6 Currency: USD Puerto Rico Public Finance Corporation announced today that it has not been paid the interest payment due to insufficient money on Revenue Fund for Series of 2011A, Appropriation Bonds on March 2, 2018.
- Bond Document: https://www.bondpdf.com/bonds/8ba8c622
- Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US745291UU65
