Muniland: Moody’s Puts Puerto Rico Rating On Review – ValueWalk Premium
Puerto Rico PREPA

Muniland: Moody’s Puts Puerto Rico Rating On Review

Moody's Corporation (NYSE:MCO) Investors Service has put Puerto Rico’s general obligation rating, currently at Baaa3, on a review that may lead to a downgrade.  The ratings agency cited "weakening liquidity, increasing reliance on external short-term debt, and constrained market access, within the context of a weakened and now sluggish economy."


On course for junk?
The commonwealth has already been facing severe financial difficulties because of budget deficits . . .

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