Guam Bonds Attain Year?s Best Muni Return as Puerto Rico Falters
Obligations of the Pacific territory have earned 17.2 percent this year, compared with 9.1 percent for all munis, Barclays Plc data show. At this pace, it would be the largest outperformance in at least 13 years.
Liberty Global and Searchlight Bolster Puerto Rico Position with Choice Cable TV
John Malone's Liberty Global plc moved Wednesday to boost its reach in Puerto Rico, teaming with Searchlight Capital Partners LP to acquire Puerto Rico Cable Acquisition Co. in a deal valued at about $272.5 million. Cable Acquisition does business as Choice Cable TV and ranks as the second-largest cable and broadband service provider on the island with exposure to more than 345,000 homes. Terms ...
Triple crown in Puerto Rico this Saturday
World boxing is back to Puerto Rico this Saturday, December 20, with Triple Crown presented by DIRECTV and PR Best Boxing Promotions (PRBBP) at the International Ballroom of El San Juan Resort and Casino in Isla Verde, Carolina, Puerto Rico, broadcast on DIRECTV Pay Per View.
Puerto Rico Lawmakers Pass $2.9 Billion Bonding Measure
Puerto Rico?s legislature passed a $2.9 billion borrowing measure that would repay money owed to the Government Development Bank and fund public transportation.
Sanofi Buys Merck's Manufacturing Facility in Puerto Rico
Sanofi's (SNY) announced that it will be acquiring Merck's (MRK) manufacturing facility in Barceloneta, Puerto Rico.
Puerto Rico Rally at Risk With Rising Debt Expenses: Muni Credit
The biggest rally in Puerto Rico debt in five years is at risk as the struggling U.S. territory piles up debt costs and moves toward a historic restructuring of its electric utility.
Undeclared cash lands pilot in jail in Puerto Rico
SAN JUAN, Puerto Rico (AP) ? A pilot who runs an executive jet company that has transported the president of Guyana was arrested after U.S. agents found more than $600,000 in undeclared cash inside his aircraft during a stop in Puerto Rico, authorities said Wednesday.
Puerto Rico's $2.9 bln bond deal will not happen before early 2015-sources
Puerto Rico's planned bond deal of up to $2.9 billion will not happen before early 2015, two finance industry sources briefed on the matter said on Monday. The delay comes as Puerto Rico's governor, Alejandro ...
CEO pilot detained with large amount of cash in Puerto Rico is freed on bond
A judge ordered the release on bond of a pilot and CEO who was arrested in Puerto Rico after authorities found more than $600,000 in undeclared cash inside his plane, his lawyer said Monday.
Scam: Wire money to Puerto Rico or risk relatives being harmed
Police issued an alert Tuesday afternoon warning of a scam where victims have been called and told their relatives will be harmed unless money is wired to Puerto Rico.