Kroll Bond Rating Agency Releases Research Report "Puerto Rico: Is It Doing Enough To Regain Capital Market Access?"

NEW YORK--()--Kroll Bond Rating Agency (KBRA) has released a public finance research report entitled “Puerto Rico: Is It Doing Enough To Regain Capital Market Access?”

The report notes that the fiscal plan certified by the oversight board established under PROMESA presents a troubling outlook for bondholders over its 10-year time frame. While the fiscal reform and debt restructuring envisioned by PROMESA is still at an early stage, responsible debtor behavior by the commonwealth through the unfolding process will be essential in determining whether efficient access to the capital markets can be regained.

To read the report, please click here.

About Kroll Bond Rating Agency

KBRA is registered with the U.S. Securities and Exchange Commission as a Nationally Recognized Statistical Rating Organization (NRSRO). In addition, KBRA is recognized by the National Association of Insurance Commissioners (NAIC) as a Credit Rating Provider (CRP).

Contacts

Analytical:
Kroll Bond Rating Agency
Paul Kwiatkoski, 646-731-2387
Managing Director
pkwiatkoski@kbra.com
or
Karen Daly, 646-731-2347
Senior Managing Director
kdaly@kbra.com
or
Follow us on Twitter!
@KrollBondRating

Contacts

Analytical:
Kroll Bond Rating Agency
Paul Kwiatkoski, 646-731-2387
Managing Director
pkwiatkoski@kbra.com
or
Karen Daly, 646-731-2347
Senior Managing Director
kdaly@kbra.com
or
Follow us on Twitter!
@KrollBondRating