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Home>Standard s Downgrades Puerto Rico -- Update

Standard s Downgrades Puerto Rico -- Update

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Sat, 12 Jul 2014

By Josh Beckerman Standard & Poor's Ratings Services has lowered its general obligation rating for Puerto Rico one notch, to BB--two notches into junk status--from BB+, one of several reactions by rating firms to new legislation that allows the overhaul of debts of some public entities. On June 27,
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